Netease will fly higher this year !See article here
Last year , tech regulation on restricting of video games license by the government is now over. The floodgate has opened much to the joy of gamers worldwide !
Key stats
Market capitalization
55.876BUSD
Dividends yield (FY)
1.54%
Price to earnings Ratio (TTM)
19.64
Basic EPS (TTM)
4.63USD
About NetEase, Inc
ISIN
US64110W1027
Sector
Technology Services
Industry
Packaged Software
Website
ir.netease.com
CEO
Lei Ding
Headquarters
Hangzhou
Founded
1997
NetEase, Inc. is an internet technology company, which engages in the provision of premium online services centered around content, community, communication and commerce. It develops and operates some of the most popular PC-client and mobile games in China. The firm also operates some of the most popular international online games in China by partnering with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers. NetEase also offers other services, including the intelligent learning services of its majority-controlled subsidiary, Youdao, its music streaming platform, NetEase Cloud Music, and its private label e-commerce platform, Yanxuan. The company operates through the following business segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. The Online Game Services segment produces online PC-client games. The Youdao segment is an online education service provider in China. The Cloud Music segment represents revenue from online music services through the sales of membership subscriptions in various content and service packages. The Innovative Businesses and Others segment offers other services, which includes live video streaming and its private label e-commerce platform, Yanxuan. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.
$NTES: Short setup, trend reversal?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.
V BottomA one candle V,
Price needs to break the left side of the V to be valid.
No recommendation.
Rainy Sunday )o:
NTES | Bullish Signs | LONGNetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples' Republic of China and internationally. The company operates in three segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. It develops and o
Symmetrical TriangleNeutral until broken with a confirmed trend in that direction.
The top line is resistance and a break of this line would a long entry level.
A break of the support line may signal short entry.
Price is being pushed in to the nose of the triangle and price will break one way or the other.
No recom
We like NTES here based on China reopenWe think China is moving slowly towards reopening, and like NTES at these prices for a move into the low 90's
$NTES with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NTES after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 57.14%.
$NTES pretty strong Somehow this china stonk always powers thru even when other chinese stonks are getting demolished, $NTES somehow remains steady and mostly bullish. Seeing a possible bull flag on it, no position, just an observation. it's also a decent company fundamentally.
$NTES with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NTES after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 60%.
Short $NTES from 104,86Approaching high of down trend line. Looking for reversal:
Entry: 104,86
SL: 111,43
TP: 78,11
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NTESGaming galore
Regulators press play on the Chinese gaming industry after being AFK for nearly eight months.
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