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DHAW NetEase 5xShortSG230330

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10min DelayTrading Nov 27 09:00 CST
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    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...
    Bullish momentum for Netease Inc?
    NetEase, Inc. (NASDAQ:NTES) shareholders have seen the share price rise 79% over three years, well in excess of the market return (48%, not including dividends).
    While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the...

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