The NetEase share price continued to rise last week. Although there was a slump of around 10% last Thursday, the share price recovered quickly. We primarily expect the magenta-colored wave (b) to continue moving upward. Ideally, we expect the high of this corrective rise to be just below the resistance at $134.44. From there, the price should then sell off...
Nice short setup with low risk in NetEase, it fits the idea of the China reopening uptrend being reversed. Decent downside if stop is not hit (see dashed red line) Best of luck! Cheers, Ivan Labrie.
The initial rise and relatively low volitivity along the upper trend line makes me lean more toward the bearish case in this scenario. I know this is 'going against the trend' but I have my reasons Trendlines can be drawn along the upward stretch which allow possible bottom points to be plotted (red) The only cause TA wise I can find for the bull side is the...
Price target for NTES is $84. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
China play until domestic markets cool down. looking for 1/28 calls 105-107 strike
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on October 22, 2021 with a closing price of...
NTES is a China tech company that provides online gaming services. All the china stocks are risky right now with their gov't sanctions, but they provide a good valuation. Some are down over 20-30% in last 3 months. Earnings is Aug 31 aftermarket and I think they will beat eps and revenue. Options - There are over 28000 calls OI for sept 17 exp, 19000 puts OI....
☝ KWEB - ETF of Chinese tech giants. It is traded on ARCA, but managed by a Chinese bank, so there is no threat of delisting. Price is at the bottom of the channel. Most likely it will be a bottom and there will be a reversal up at least 50% towards the resistance line of $70 by February 2022. The upcoming bullish reversal is confirmed by the MACD-histogram,...
Ntes is a technology company engaged in the development of applications, services and other technologies for the Internet in China. July produces an avg of +1% over past 5 years. There is decent open interest in the july 16 115 and 120 calls. I have seen a fair amount of bullish option flow for china tech stocks. JD BABA , GL!
Nice inverted head and shoulders, looking ready to pop! Price target ~150-160
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.
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...
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,...
$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...