NetEase, Inc.Long
NetEase of China
Updated
Fundamentals:
NTES is a music, education and gaming company in China. From September 2022 there had been some fundamental cooling of the company but has picked up since March 2023. It is not a super stock, but it is not going out of business either. It is a good company to invest in in general. With China's market at peak pessimism and short-sell coverings in play, it could send NTES to
Technicals:
Weekly:
Weekly ExDiv1 on the cloud with extreme signals.
Bounce from 200 EMAs.
Fake Bear Crown
5 EMAs pb
TK Flip Flop
Daily:
Extreme indicator
uHd
Stage 3 bullish set-up
Cloud support and Wave support
a-b-c bear completion of a Bearish &S pattern.
a-b-c bullish Crown set-up
Bullish cup-w-handle in the making with a 38%-50% fib support and horizontal support
Target around 145
NTES is a music, education and gaming company in China. From September 2022 there had been some fundamental cooling of the company but has picked up since March 2023. It is not a super stock, but it is not going out of business either. It is a good company to invest in in general. With China's market at peak pessimism and short-sell coverings in play, it could send NTES to
Technicals:
Weekly:
Weekly ExDiv1 on the cloud with extreme signals.
Bounce from 200 EMAs.
Fake Bear Crown
5 EMAs pb
TK Flip Flop
Daily:
Extreme indicator
uHd
Stage 3 bullish set-up
Cloud support and Wave support
a-b-c bear completion of a Bearish &S pattern.
a-b-c bullish Crown set-up
Bullish cup-w-handle in the making with a 38%-50% fib support and horizontal support
Target around 145
Note
up crown pattern
NTES is a huge weekly cup-with-handle (yellow lines)
Note
Weekly:weekly cup-with-handle
Monthly:
Monthly cup-with-handle with 5emas pb strategy and cloud support
Note
target 160 to 200
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