$NTES: Short setup, trend reversal? Short

NetEase, Inc.NASDAQ

Description

⋅ Feb 6, 2023 2:44 PM

Nice short setup with low risk in NetEase, it fits the idea of the China reopening uptrend being reversed. Decent downside if stop is not hit (see dashed red line)
Best of luck!

Cheers,

Ivan Labrie.

Comment

⋅ Feb 7, 2023 5:28 PM

Probably ok to hold:

Comment

⋅ Feb 7, 2023 5:30 PM

Trade closed manually

⋅ Feb 8, 2023 9:14 PM

Should have moved already...