Hi guys! Looking at going in for a buy for $NetEase (NTES.US)$. Let me know what you think!
Price is above ichimoku cloud indicating a bullish momentum and the second horizontal level of resistance at 162.7 is in line with the 127.2% fibonacci expansion, so i will probably have my take profit at that level. I will place my stop loss at 147.0 in line with the first horizontal level of support as well as the 61.8% fibonacci retracement.
buy entry:154.0
take prof...