$NETS Range Breakout - need a close today > $427 for confirmation. Possible medium term target: $475-$500 range Note: Not investment advice.
$NTES NetEase Inc - Bullish options flow today with a breakout to a fresh 52 week high, closing above $500 for the first time ever. Just under 1k $340.00 strike (very deep-in-the-money) Sept 18th calls traded today for a total premium outlay of about $16M or ~$17,500 per contract. It is highly likely that this was a large hedge fund that made this trade. An...
NTES tightening up here. Watch for a break above 425.
Here, I want to show traders the power of this pattern ; the descending wedge pattern. Now, please note that this is a pattern , just a pattern and barring any unforseen circumstances, it is likely to break out of the bearish wedge and goes higher (a bullish move). Now, you witness a 15 min IPO shares -Netease newly listed in HK. Here's a few more examples...
Decent profit from longing NetEase since it reached the support level. I am eyeing a TP of 418 (the end of an ascending triangle), and would like to cash out my longs a little bit lower than that(maybe 410-412). Still bright future from listing in HK. There might be some similar patterns like BABA when it first dual-listed in HK.
read news here I will be waiting for the IPO on 11 and 18 June for the IPO launch of Netease and JD.com. I am bullish on this two stocks based on charts. P/s: With that said, I might take profits from my HSI shorts ...
Perfect and clean... look to sell against the completed D point which is confluence with a long-term fib 3.618 extension..
I see NTES already reached above 405(resistance for a long time). However, I am not yet ready to long/short this equity. Let's wait and see what's about to happen. I would purchase a little number of puts at the beginning if it maintains above 405. If this straight push up all the way above 405, I would wait for this to retrace back to 405, and then collect some calls.
NTES looks poised for a substantial move higher. Already at a all time high but has the potential for a much greater move post earnings Tuesday p/e ratio 16.28 NetEase (NASDAQ:NTES) is scheduled to announce Q1 earnings results on Tuesday, May 19th, after market close. The consensus EPS Estimate is $3.98 (+14.4% Y/Y) and the consensus Revenue Estimate is...
It can happen as long as it stays above that bottom trend line. I will buy any pullbacks. If it closes monthly below that bottom line then expect lower prices next month.
Dear traders, I see a cup and handle pattern on the weekly chart. RSI, MACD, and StochRSI show some bullish momentum. If we break the resistance at $360-$370, we might see a potential run towards $530. Good luck! Disclaimer: This is not financial advice! Do your own research!
#NetEase is breaking the resistance, volume is below the average for now.