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ContraryTrader
Jan 16, 2021 11:00 PM

Channel trade Long

NetEase, Inc.NASDAQ

Description

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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