$NTES Buyers still flocking into Netease.

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NetEase, Inc. (NASDAQ:NTES)

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NASDAQ:NTES NetEase, Inc.

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.

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