Nice inverted head and shoulders, looking ready to pop! Price target ~150-160
Unusual options 6/18 - $125 strike 9/17 - $120 strike ATR is down stochastic is bottomed out watching for low entry My ideal call purchase: 9/17 call option at $115 strike
I have had this for a few weeks and there have been a few scary days for sure. Support has held so far and my stop is at 102.77. Resistance overhead. Whenever a security has pulled back so far, I suppose there is always a bit of R overhead. Folks are stuck up there and in probable financial pain. It is not surprising when they will sell on rallies to relieve...
White lines are the major channel trend . Red lines are the secondary channel. Had a healthy pullback last few day and bounced off the channel support (Redline). I think this will be its last leg up to the top of its primary channel (137) and then a pullback to the mid 90's
NTES has been a fantastic trade to say the least. A range reversal trade that has turned into a full on breakout. On todays strength I think its a good time to move my stop up to the gap at 117.56. Anytime a stock goes parabolic you know a pull back can come at any moment.
I traded this stock a few times before it split 4 ways back in october. After the split in moved sideways a bit so I set an alert and was surprised when my alert kicked in last week when it crossed 97$. 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...
NTES has formed a cup but there is no handle...yet. It is possible that the handle is at the top of the cup but I did not try to guess where the handle is. When the handle is at the cup high, it often leads to an explosive break out. But it is also possible the stock will pull back and form a handle in the near future. In a bullish stock and a bullish market,...
I've been watching and playing options in ATVI and EA for a month. NTES is now following their trend. Played options today for 15% gain in 30 min. Was a nice easy win to start the year
Technical NTES is looking very bullish on the weekly, Currently showing elliot waves cycle on wave 4 Consolidation around this level Getting ready for that wave 5 Targets 130-140 Again long term - this is a weekly chart the drawings mapped could are months to years out Fundamental AI narrative has been picking up steam, expect this one to grow...
The PEAD projected a neutral outlook for $NTES after a positive under reaction following earnings release placing the stock in Drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
After entry by our model in November we felt great after a quick rise to 96 only to watch the gains disappear. We have held steady in the face of volatility hoping for a completion of an upwave toward 102. China stocks have been in consolidation broadly but if they regain momentum ntes should be a winner. Ingenuity Trading Model is an algorithm used in- Stock,...
Monthly Uptrend Over last 5 years become more volatile Since it is Game industry. Weekly Uptrend I expect slowing activity and weak earning of Feb 2021 and buy from them. Daily Open LONG 87 SL 81 TP 120 RR 5
Possible long opportunity if price action confirm
Possible long opportunity if price action confirm
Typical lower high& lower low pattern + Breaking the up trend