Fundamentals: NTES is a music, education and gaming company in China. From September 2022 there had been some fundamental cooling of the company but has picked up since March 2023. It is not a super stock, but it is not going out of business either. It is a good company to invest in in general. With China's market at peak pessimism and short-sell coverings in play, it could send NTES to
Technicals:
Weekly: Weekly ExDiv1 on the cloud with extreme signals. Bounce from 200 EMAs. Fake Bear Crown 5 EMAs pb TK Flip Flop
Daily: Extreme indicator uHd Stage 3 bullish set-up Cloud support and Wave support a-b-c bear completion of a Bearish &S pattern. a-b-c bullish Crown set-up Bullish cup-w-handle in the making with a 38%-50% fib support and horizontal support
Target around 145
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up crown pattern NTES is a huge weekly cup-with-handle (yellow lines)
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Weekly: weekly cup-with-handle
Monthly: Monthly cup-with-handle with 5emas pb strategy and cloud support