ContraryTrader

Channel trade

Long
NASDAQ:NTES   NetEase, Inc
I traded this stock a few times before it split 4 ways back in october. After the split in moved sideways a bit so I set an alert and was surprised when my alert kicked in last week when it crossed 97$. Never got in the trade and I was peeved when it shot up to 20$ in 4 days. It's at the bottom of it's new uptrend channel , selling pressure lowered and OBV is crossing.

Gold line /Support
Greenline/ Target

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