If you are a subscriber to Guerilla Stock Trading (Subscribe to Guerilla Stock Trading Now) feel free to ask me to look at any stock. I can’t promise that I’ll get to your stock, but I will make an effort.
A subscriber writes, “Will you take a look at NetEase.com Inc. (NTES) and tell me if I should buy this stock next week?”
In the video below, I perform technical analysis on this stock and give my recommendation.
NetEase.com Inc. (NTES) through its subsidiaries, operates an online community in China. It operates in three segments: Online Game Services, Advertising Services, and Wireless Value-added Services and Others. The Online Game Services segment develops and operates MMORPGs, the massively multi-player online role-playing games that are played on the Internet in virtual worlds; online casual game platforms with various multi-player games; and Tianxia II, an item-based online game.
NetEase.com Inc. (NTES) was in a rectangle or consolidation pattern for quite sometime but did a breakout last month and continues to head higher.
Enjoy the video below and feel free to leave your comments. Thank you and happy improved trading.
Lance Jepsen
President, GuerillaStockTrading.com
Your Trading Coach
(because everyone, even Tiger Woods, needs a coach)
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