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RedHotStocks
Jan 5, 2020 10:49 PM

All time highs alert for Netease $NTES Long

NetEase, Inc.NASDAQ

Description

It has been a great 2019 for NTES and we have watched the recovery from the lows and hopefully some have got some nice profits to show.
The stock is now only 16% from its all time highs so maybe time to consider taking some $$$ of the table if long.
Indicators do remain bullish and have room to run higher before reaching overbought territory.
Sentiment in the Chinese economy is also very high entering into 2020 as more stimulus has been added, lets see will consumers start spending.


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