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...
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...