NetEase, Inc.Short
$NTES Rising Wedge Breakdown - Earnings This Week
NTES Sold off Friday on strong volume, closing well outside the recent bearish rising wedge pattern. Earnings are still to come this week, but if this recent price action is any indicator expect to see further near term declines. Targeting $185 support by mid to late March. Note: Informational analysis, not investment advice.
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