Bullishcharts

GDS Holdings Looks destined to make ATH

NASDAQ:GDS   GDS Holdings Limited
===Possible entry Level $47 - Price target $62====
Technically the stock looks set to test the 2018 high, momentum is strong and the OBV indicator is also on the verge of a bullish breakout.
Fundamentally the stock has also attracted attention
GDS Holdings Ltd. develops and operates data centers in China. Its facilities are strategically located in China's primary economic hubs where demand for high-performance data center services is concentrated. The company's data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancy across all critical systems. It is carrier and cloud-neutral, which enables customers to connect to all major PRC telecommunications carriers, and to access a number of the largest PRC cloud service providers. The company also offers colocation and managed services, which include direct private connection to major public cloud platforms. GDS Holdings was founded by William Wei Huang in 2001 and is headquartered in Pudong, China.

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