Thanks and have a great vacation.

Thanks Randy. Appreciate it.

Hard to do as those were passed along more so a “soft” or scale-in positions (e.g.- take a starter/fractional position yesterday, adding to that position if & as the additional support levels are taken out to firm up the case for a swing or trend short trade).

In addition to multiple entries, which would mean varying cost bases for each trader, I’ve also listed multiple targets. As a general rule, I like to use an R/R of around 3:1 so, for example, a ‘hard’ (full position) entry on DRIP around where it was first highlighted in yesterday’s video (~$5) if targeting the top of the first target zone (~$7, which I’m leaning towards as of now), would be a ~40% gain if hit. As such, one could use a stop allowance of just over 13% or around 4.30.

VNET has just completed a Head & Shoulders topping pattern although ideally, we would have had increased volume on the final leg down of the left shoulder. I’ve had all of these horizontal support/resistance lines on this chart since early 2020 & VNET just kissed & reversed off the 11.56ish support today with a sell signal to come on a solid break below that level (which would take out the H&S NL as well).
Bottom line: The stock just hit & remains just above support for now with pretty big resistance just overhead around 14 & then the big gap just above that. Either of those levels could be used for an objective short entry or a break below 11.50. Potential but unconfirmed bullish divergence on the PPO & RSI means those bullish could make a case to go long around the 11.50ish support and/or on breaks of the aforementioned resistance levels although my preference would be the former (bearish) scenario vs. the latter.