NTSE testing the top end of this consolidation range, above 186, which coincides with the mid-line of its current bull channel. Targeting the 27% fibonacci extension at 198. Stop at 182.
After reporting earnings, NTES gapped up to fresh highs on the heaviest daily volume in over a year. So far it is holding that gap. If NTES can clear the highs on 5/14 of 143.93, it will confirm a continuation of the trend over the near term.
Since price broke-out upside from the buy point 91 area has gained about 16% just in 2 weeks with relatively a good volume and may soon meet overhead resistance 105.6. Close above this level for the month will be a bullish sign and next resistance 119.79-120 is very likely early next month before we see a meaningful pullback. If you want real time alert on this...
