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.
NTES trade ideas
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.
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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.
$NTES Netease breaking through resistance.Extremely bullish move out from multiple resistance levels.
earnings are approaching and expectations are good.
Chinese stocks are on a Bull run and teh ETFS are dragging everything higher.
Fibonacci golden pocket may be broken today, a close above $305 would be very bullish.
NTES 4th wale?It is highly possible that NTES can go much higher, especially in a longer-term, but from another, bit short term perspective, it is to expect some future drop.
My play is to buy, but S/L will be at 281 level. If the price goes below the same level my play will be buy as well but with a 2:7 R/R
$NTES Bullish into earnings WednesdayThe BULLS are still in charge of the NTES stock price, despite the sell off in Chinese stocks in May, NTES had managed to stabilize and hold key support on continued high volume. We remain long into earnings Wednesday, with confidence that the improved conditions in the gaming sector within China will produce great results and guidance.
Average Target Price: $283
Average Recommendation: OVERWEIGHT
22 BUY
1 OVERWEIGHT
8 HOLD
Company Description
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.
$NTES Buyers still flocking into Netease. Since our last analysis on NTES the price has continued to climb on great volume. The overall picture is getting better and better with Chinese regulators lifting bans on more licensed games. We are long and will continue to be so with very little resistance above until the $330 region. Earnings are approaching on the 15th May so a small pullback is quite likely as some profit taking kicks in.
$NTES Massive breakout potential in Netease IncPotential long entry on breakout = Entry level $295 - Target price $330.
Indicators are extremely bullish and volume has spiked.
7&12 ma's have crossed which has historically been a good buying opportunity.
Sentiment has changed as has fundamentals of the company.
De-listing worries has eased.
Inverse head & shoulders looks to have formed.
Await break above resistance and a volume spike.
$SNES - NetEase ADR One of China's Financial Companies on $SNES - NetEase INC ADR One of China's largest Financial and "FINTECH" companies that trade on the American Exchange is a good candidate for PUT options, The company shares have been coming down after a massive BULL run to $345.00 - with Trumps new plans and path to bringing stop Chinese companies from investing in our exchanges, NetEase could potentially have to trade on the OTC stock exchanges, this would reduce investor confidence and create selling pressure. Companies like $BIDU $BABA are part of the same sector as $SNES is in.
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Look to buy the dip on NETEASE around 262Netease remains undervalued even after its recent surge. Its Equity StarMine rating is still sitting at 9.8/10, making it a high-rated stock. It currently looks to be to be cycling down to support around 262. That's a good buy level before a move up to previous highs around 289.65. Recognia's Elliott Wave price target is 299.62.
Netease Weekly Chart Confirms Bullish Momentum.NASDAQ:NTES Having suffered a terrible correction from the November 2017 highs, it seems it has finally found some momentum to carry it back to a reasonable level.
The stock has suffered as many Chinese stocks, from trade related anxiety and also from tougher Chinese regulations against gaming companies. After reporting earnings in early August the stock has already seen +20% gainsand upgrades may follow in the coming days to help propel it higher.
Indicators point to future gains, dependant on market conditions.
NETEASE is at a critical point as earnings approach. Netease has been a major victim of political issues in China as it has cracked down on the Gaming industry, along with OTC:TCEHY it has battled to get some relief from government without a great deal of success. On top of that issue it is regarded as a no go zone for USA investors due to its Chinese origins and its inclusion in so many ETFS have meant that regardless of good earnings the selling has continued.
We suggest that it may have finally found trendline support which if it breaks could be disastrous.
$NTES WINNER WINNER WINNER GREAT CALL IN MARCH$NTES Netease is a Chinese company with multiple revenue streams. Due to the Government in China banning the distribution of many games, Netease suffered greatly and investors fled. Regulators have now started to issue new licences which could unlock vast gains. This is not a stock for the nervous investor but we think it is well worth a punt.
UPDATE
Regulators have issued more licences for games in China ans NTES is a benefactor, thus the 18% move in a few days , keep it rolling.
NTES based along 233 week MA, weekly RSI breaking outNTES based along 233 week MA, weekly RSI breaking out as it looks to move out of a large bottoming pattern
$NTES Netease could be a cash cow $NTES Netease is a Chinese company with multiple revenue streams. Due to the Government in China banning the distribution of many games, Netease suffered greatly and investors fled. Regulators have now started to issue new licences which could unlock vast gains. This is not a stock for the nervous investor but we think it is well worth a punt.
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$NTES Rising Wedge Breakdown - Earnings This Week$NTES Sold off Friday on strong volume, closing well outside the recent bearish rising wedge pattern. Earnings are still to come this week, but if this recent price action is any indicator expect to see further near term declines. Targeting $185 support by mid to late March.
Note: Informational analysis, not investment advice.
Trending up for the long term now IMOMy buy range is 238 and under with a price target of 260$ within 2 months?
What are other's price targets and trend opinions?
NTES Short-Term Swing trade -- bearishHello! NTES looks like a great short on the daily chart... It is running up into multiple resistances all of which are very strong.
1. 200SMA on the daily
2. FIB 38.2% on the daily
3. top of bear flag channel
4. top of daily chart downtrend
5. previously broken down weekly trendline.
At the very least I see a pullback to 220 or so!
Good luck and happy trading
