Setup: On the 4h chart VNET had been basing in the 8-9 range for two months after a major blowoff top near 14 in February. The final bar on the 1h chart is a massive gap-and-go candle — open 11.05, high 11.84, close 11.59 — on volume 16.2M shares, roughly 8x the prior daily average. That single bar reclaims the entire April consolidation range and punches toward the February gap zone around 11-12. The HTF trend had been bottoming and this bar breaks the structure decisively.
Flow: The catalyst is the announced sale of a 38% stake to CATL-affiliated buyers, a hard fundamental re-rating event. The 28.6% move on 2.1x relative volume confirms institutional participation. Analyst consensus sits at Strong Buy with a mean target near 16, providing a clear upper fundamental anchor. The market context of selective China AI/tech bids adds a macro tailwind. CFO departure is minor noise against the deal signal.
Plan: Stop is placed below the gap open and the prior 4h consolidation shelf — a fill back into the low 10s would signal deal enthusiasm has faded and the gap is being sold. Target is the prior HTF resistance and blowoff zone near 14, where the February highs clustered and where supply from trapped longs is likely to emerge. The R/R is acceptable but insider selling and the elevated gap open (chasing risk) keep confidence from the high tier. TTL is short as price is printing at entry now.
📍 Entry: 11.60
🛑 Stop: 10.75
🎯 Target: 14.00
⚖️ R:R: 2.82
Flow: The catalyst is the announced sale of a 38% stake to CATL-affiliated buyers, a hard fundamental re-rating event. The 28.6% move on 2.1x relative volume confirms institutional participation. Analyst consensus sits at Strong Buy with a mean target near 16, providing a clear upper fundamental anchor. The market context of selective China AI/tech bids adds a macro tailwind. CFO departure is minor noise against the deal signal.
Plan: Stop is placed below the gap open and the prior 4h consolidation shelf — a fill back into the low 10s would signal deal enthusiasm has faded and the gap is being sold. Target is the prior HTF resistance and blowoff zone near 14, where the February highs clustered and where supply from trapped longs is likely to emerge. The R/R is acceptable but insider selling and the elevated gap open (chasing risk) keep confidence from the high tier. TTL is short as price is printing at entry now.
📍 Entry: 11.60
🛑 Stop: 10.75
🎯 Target: 14.00
⚖️ R:R: 2.82
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monk.trade — Trade setups and market intelligence
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.