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
I like the pullback at .618. The earnings could be bullish.
Possible long opportunity if price action confirm
Typical lower high& lower low pattern + Breaking the up trend
$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.