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! 🚀📉