Description:
🎯 NTES (NetEase) Precision Trade Setup
Chinese tech at inflection point - clean entry with defined risk/reward
Trade Parameters:
✳️ Entry: $127.05 (confirmed above resistance)
🎯 Target: $143 (+12.5%)
🛑 Stop: $119.50 (-6%)
⚖️ R/R: 1:2.1
Why This Works:
1️⃣ Technical Edge:
Breakout from descending channel
Bullish engulfing on weekly
RSI divergence (higher lows vs price)
2️⃣ Fundamental Catalyst:
Undervalued vs cash position ($25/share)
New game pipeline (Justice Mobile + Harry Potter)
Buybacks active ($1B completed in Q2)
Key Levels to Watch:
Immediate resistance: $130.50
Major support: $119.50 (200D MA + trendline)
Measured move target: $143
Trade Management:
Initial position at $127.05
Scale in below $125 if opportunity arises
Move stop to breakeven at $132
Risk Disclosure:
⚠️ Monitor China tech regulation news
⚠️ Q3 earnings due Nov 15 (position accordingly)
#ChinaTech #BreakoutTrade #GamingStocks
#TechnicalAnalysis #NetEase
🎯 NTES (NetEase) Precision Trade Setup
Chinese tech at inflection point - clean entry with defined risk/reward
Trade Parameters:
✳️ Entry: $127.05 (confirmed above resistance)
🎯 Target: $143 (+12.5%)
🛑 Stop: $119.50 (-6%)
⚖️ R/R: 1:2.1
Why This Works:
1️⃣ Technical Edge:
Breakout from descending channel
Bullish engulfing on weekly
RSI divergence (higher lows vs price)
2️⃣ Fundamental Catalyst:
Undervalued vs cash position ($25/share)
New game pipeline (Justice Mobile + Harry Potter)
Buybacks active ($1B completed in Q2)
Key Levels to Watch:
Immediate resistance: $130.50
Major support: $119.50 (200D MA + trendline)
Measured move target: $143
Trade Management:
Initial position at $127.05
Scale in below $125 if opportunity arises
Move stop to breakeven at $132
Risk Disclosure:
⚠️ Monitor China tech regulation news
⚠️ Q3 earnings due Nov 15 (position accordingly)
#ChinaTech #BreakoutTrade #GamingStocks
#TechnicalAnalysis #NetEase
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.