CHINDATA GROUP (NASDAQ:CD) momentum breakout alert!
Last update: Jul 5, 2022
TRADING IDEA (Momentum Breakout)
Chindata Group Holdings Ltd. operates data centers. The company is headquartered in Beijing, Beijing and currently employs 1,315 full-time employees. The company went IPO on 2020-09-30. The firm operates two businesses which are colocation services and colocation rental. The colocation services business provides a range of services, including utilities, hosting, cooling, operating and maintaining of clients' servers and equipment. Read the full profile here.
STRATEGY
Momentum Breakout Setup (Short term)
- clean breakout during last trading session (+12%)
- increased buying volume
- closing price higher than $8.35 (latest resistance)
- long term trend on weekly chart becomes positive (bigger buying volume)
Last earnings: 2022-05-26
Next earnings: 2022-08-24
ACTUAL SETUP
- Buy Stop | $8.81
- Limit | $8.90
- Stoploss | $7.88
- Target | Hold between 2 - 5 days
ADDITIONAL INFO/TIPS
- Use our ChartMill Postion Sizing Tool to calculate the maximum number of shares you can buy, depending on your available capital!
- Why using Stop Limit Orders?
Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.
CHINDATA GROUP HOLDINGS-ADR
NASDAQ:CD (9/25/2023, 7:00:01 PM)
8.32
0 (0%)
CD News
25 days ago - Chindata GroupChindata Reveals Impressive Revenue Leap of 49.7% in Its Unaudited Q2 2023 Financial Report/PRNewswire/ -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution...
26 days ago - Seeking AlphaChindata GAAP EPS of $0.08 (NASDAQ:CD)Chindata press release (CD): Q2 GAAP EPS of $0.08.Total revenues in the second quarter of 2023 increased by 49.7% to RMB1,553.8 million (US$214.3 million) from RMB1,038.1 million in...
26 days ago - Chindata Group Holdings LimitedChindata Group Reports Fiscal Year 2023 Second Quarter and Half Year Unaudited Financial Results26 days ago - Chindata Group Holdings LimitedChindata Group Reports Fiscal Year 2023 Second Quarter and Half Year Unaudited Financial ResultsBEIJING, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral...
a month ago - Chindata GroupChindata Group Unveils Pioneering Full-Stack Solutions for Hyperscale Data Centers, Bolstering Energy Efficiency and Computational Prowess in the AIGC Era/PRNewswire/ -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution...
a month ago - Brodsky & Smith LLCBRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Zynerba Pharmaceuticals, Inc. (Nasdaq - ZYNE), Chindata Group Holdings Limited (Nasdaq - CD), Capri Holdings Limited (NYSE – CPRI), Avid® (Nasdaq - AVID)
2 months ago - BloombergBain Capital to Take Chindata Private to Get Full OwnershipBain Capital signed an agreement to take Chindata Group Holdings Ltd. private, a deal that allows the buyout firm to take full ownership of the data center business.
2 months ago - Seeking AlphaChindata to go private on $3.16B equity value after Bain Capital raises bid (NASDAQ:CD)Data center operator Chindata Group (CD) Friday said signed an agreement to go private and merge with BCPE Chivalry Bidco's, representing Bain Capital, subsidiary in a transaction...
2 months ago - Chindata GroupChindata Group Enters into Definitive Agreement for "Going Private" Transaction/PRNewswire/ -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution...
2 months ago - Seeking AlphaBain Capital inching closer to Chindata takeover - reportBain Capital is moving closer toward a potential takeover of data center operator Chindata Group Houp (CD)
2 months ago - BloombergBain Capital Edging Closer to Chindata Take-Private Deal, Sources SayBain Capital is moving closer to a potential agreement to take Chindata Group Holdings Ltd. private, people familiar with the matter said, a deal that would allow the buyout firm to take full ownership of the data center business.
2 months ago - Chindata GroupChindata Releases 2022 ESG Report Revealing Above Industry Average PUE of 1.21 with Accelerated Green Transformation/PRNewswire/ -- Chindata Group, ("Chindata" or the "Company") (Nasdaq: CD), an industry leader in carrier-neutral hyperscale data center solutions, recently...
