NetEase (NTES): Gaming Demand Drives Stock MomentumNetEase, Inc. (NTES) is a leading Chinese internet and gaming company, best known for developing and operating some of the most popular online games in China. The company also runs platforms for online education, music streaming, and e-commerce. With a strong portfolio of in-house games and partnerships with major global publishers, NetEase is well-positioned in the growing gaming market. Its focus on innovation, mobile gaming, and international expansion continues to drive user growth and investor interest.
The chart just printed a solid confirmation bar with increased volume, pushing the price above the 0.236 Fibonacci level—what’s known as the momentum zone. This kind of move points to rising buyer interest and may be the start of a bigger trend higher if the strength continues.
NTES/N trade ideas
NetEase, Inc. – Head & Shoulders Breakdown Setup📉 Short Setup
🔍 Description:
NetEase (NASDAQ: NTES) is forming a Head & Shoulders pattern, a bearish reversal signal. A breakdown below the confirmation level would confirm the setup and indicate further downside.
📊 Trade Details:
Entry: Below confirmation level
🔴 Stop Loss: 109.37
🟢 Target: 83.43
📌 Confirmation:
A break below the neckline with strong volume would validate the bearish setup. If price moves above the right shoulder, the pattern could be invalidated.
Trade wisely! 🚀📉
$NTES NETEASE to benefit from Chinese stimulus.NetEase, Inc. is a prominent Chinese internet technology firm established by Ding Lei in June 1997. The company offers a diverse range of online services encompassing content, community engagement, communication, and commerce. It specializes in the development and operation of online games for both PC and mobile platforms, alongside advertising, email services, and e-commerce solutions within China. As one of the largest players in the global internet and video game industry, NetEase also manages several pig farms. Additionally, it features an on-demand music streaming service. Notable video game titles from NetEase include Fantasy Westward Journey, Tianxia III, Heroes of Tang Dynasty Zero, and Ghost II. From 2008 to 2023, the company was responsible for the Chinese versions of popular Blizzard Entertainment games, including World of Warcraft, StarCraft II, and Overwatch. In August 2023, NetEase unveiled a new American studio, spearheaded by veterans from Bethesda and BioWare.
This Chinese stock might have a big fall before new highs.NTES is more likely to drop at this point. I would long in the BOX. I expect Netease to drop with the other chinese stocks, but It wont have as large of a recovery as baba, nio and bidu. If it ever gets to the box i would take a long term position.
5/22/24 - $ntes - i'd buy the AM print, valuation checks boxes5/22/24 - vrockstar - NASDAQ:NTES - not typically one i'd buy to hold, but the setup looks reasonable into the print at 13x PE, growing LSD and throwing off mountains of cash (and the buyback presumably should increase) and without a stock comp issue as i've discussed in other comments. high single digit FCF yield, growing and LT index-beater (though not in thee last years means it's a check (not a check plus), but good enough for a small risk on punt as a tag along beneficiary "tech" factor from +ve NVDA earnings.
NetEase of ChinaFundamentals:
NTES is a music, education and gaming company in China. From September 2022 there had been some fundamental cooling of the company but has picked up since March 2023. It is not a super stock, but it is not going out of business either. It is a good company to invest in in general. With China's market at peak pessimism and short-sell coverings in play, it could send NTES to
Technicals:
Weekly:
Weekly ExDiv1 on the cloud with extreme signals.
Bounce from 200 EMAs.
Fake Bear Crown
5 EMAs pb
TK Flip Flop
Daily:
Extreme indicator
uHd
Stage 3 bullish set-up
Cloud support and Wave support
a-b-c bear completion of a Bearish &S pattern.
a-b-c bullish Crown set-up
Bullish cup-w-handle in the making with a 38%-50% fib support and horizontal support
Target around 145
NTES Elliot Wave Count: Long opportunity coming soon?NTES looks to have completed a 5 wave move up from the Oct 2022 low, and is now coming down in a wave 2, in which waves A and B have been completed. Wave C of wave 2 is likely to reach and bounce from the previous resistance zone between $74 to $71 with $71 coinciding with the 0.618 retracement level of the 5 wave move up.
NetEase: Microsleep 😴The NetEase share price continued to rise last week. Although there was a slump of around 10% last Thursday, the share price recovered quickly. We primarily expect the magenta-colored wave (b) to continue moving upward. Ideally, we expect the high of this corrective rise to be just below the resistance at $134.44. From there, the price should then sell off significantly in order to complete the beige-colored wave II. However, our alternative scenario (33% probability) should not be ignored. It sees the price in the green wave alt.(B) on a break of the resistance at $134.44. Consequently, within this scenario, the price should continue to rise (albeit correctively) before a sharp sell-off.
NTES Short IdeaFirstly, we must be aware of the inherent market fluctuations and technical divergence s that have been observed with NTES. Despite positive trends, there's been a noted divergence between volume and price, suggesting that while prices are gaining, volume is falling. This kind of divergence can often be an early warning sign of potential volatility or decline in the stock's value.
Another point of concern is the regulatory risks that come with investing in Chinese tech and gaming companies like NetEase. The regulatory environment in China is notoriously unpredictable, and changes in regulations or government policies can significantly impact the company's operations and growth prospects. This unpredictability adds a layer of risk that we must consider, as it can affect the stability and predictability of our investment
NTES | Bullish Signs | LONGNetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples' Republic of China and internationally. The company operates in three segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to support translation needs of business and leisure travelers; U-Dictionary, an online dictionary and translation app; Youdao Kids' Dictionary, a smart and fun tool; smart devices, such as Youdao Dictionary Pen, Youdao Listening Pod, Youdao Smart Lamp, Youdao Pocket Translator, and Youdao Super Dictionary; online courses; interactive learning apps; enterprise services, such as Youdao Smart Learning Terminal, a device that automates paper-based homework processing and provides learning diagnosis through artificial intelligence technology at schools; and Youdao Smart Cloud, a cloud-based platform that allows third-party app developers, smart device brands and manufacturers to access advanced optical character recognition capabilities and neural machine translation engine. Its products and services also include NetEase Cloud Music, a music streaming platform; Yanxuan, an e-commerce platform, which sells private label products, including consumer electronics, food, apparel, homeware, kitchenware, and other general merchandise; NetEase Media, an internet media platform; NetEase Mail, an email service; NetEase CC Live streaming, a live streaming platform with a focus on game broadcasting; and NetEase Pay, a payment platform. The company was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.
Symmetrical TriangleNeutral until broken with a confirmed trend in that direction.
The top line is resistance and a break of this line would a long entry level.
A break of the support line may signal short entry.
Price is being pushed in to the nose of the triangle and price will break one way or the other.
No recommendation