NTES/N trade ideas
Calling 500It 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.
Netease $NTES Cup&Handle --> $530 potential targetDear 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!
$NTES possible H&SPossible H&S on $NTES daily chart, with a bearish RSI divergence as well as trendline retest.
Netease Bullish Trade $ntes
NTES is a benefactor of a stay at home community,, such as that in CHINA
Very risky company with much volatility, so possible wait for earnings a trade the breakout if it happens
Possible upside targets $377 to ATH resistance
$430 to Fibonacci expansion target
Ascending Triangle BreakoutConfirmed on daily close outside of pattern, plus macd bullish crossover.
Netease Bullish reset complete
Entry level $335
Target price $377
Stop loss $320
Much needed retrace complete , indicators in bullish reversal again.
Perfect channel support .
All time high on the way
Netease Needs a reset Stock has had a massive run and its take profit time, ahead of what could be a sell the news trade deal signing.
Indicators are overbought and the stock has also hit upper trend-line resistance.
Will revisit if conditions change.
its been a winner winner
Upward trend still validPrice is going up as everything in this moment.
Stop loss raised to $340 from current levels.
Netease next trade setup $ntesPrevious trade target hit perfectly.
Next entry level after some consolidation @ $328 with @376 as our upside target.
Having broke through the Fibonacci golden pocket resistance we would expect a possible test of that level in the days to come as the market looks like a considerable pullback is imminent.
All time highs alert for Netease $NTESIt has been a great 2019 for NTES and we have watched the recovery from the lows and hopefully some have got some nice profits to show.
The stock is now only 16% from its all time highs so maybe time to consider taking some $$$ of the table if long.
Indicators do remain bullish and have room to run higher before reaching overbought territory.
Sentiment in the Chinese economy is also very high entering into 2020 as more stimulus has been added, lets see will consumers start spending.
NTES Trend line shortusing this short position as a hedge for my long positions.
NTES just rejected trendline again.
Rsi is very high on the daily too so if this falls due to weak china news. it's gonna collapse.
Short NTES - High Volatility Stock at All Time HighNTES has a long history of run-ups followed by major corrections. It is currently at an all-time high and we see a good short oppurtunity here, with a conservative 2.5% profit taking target.
Netease trade setup for MondayHugely bullish setup and action in NTES for the past week, impressive earnings and multiple upgrades have sent the stock up 6% in 2 days.
The Golden pocket Fibonacci levels are now resistance on the way up to all time highs.
Netease finally breaking out. Entry level $313.37 = Target price $ 338.17
This stock has been a huge winner for us in 2019 and hopefully you caught the move with us.
We believe that the stock continues higher having been stuck below $290 for months, the earnings beat has ignited this rally.
Upgrade details
NetEase (NASDAQ:NTES) is up 0.7% after Jefferies bumped its price target to $350, from $317.
That new target implies 19% upside, though it's short of a Street high of $380.
The firm holds a Buy rating on the stock.
Elsewhere, the ADRs were reinstated at Add by China Securities, with a price target of $321.
Overall the sell side is Bullish on NetEase, as are Seeking Alpha authors. The stock has a Quant Rating of Neutral.
Company profile
NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others. The Online Games segment offers multi-player online role-playing games and mobile games. The E-commerce segment provides online selling and payment platform, e-reading applications, matchmaking services, online music, social network, personalized photo-based products, and online game-related accessories. The Advertising segment involves banner advertising, channel sponsorships, direct e-mail, interactive media-rich sites, sponsored special events, games and contests. The E-Mail Services segment comprise free and fee-based premium e-mail services. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.
