NTES breaking down from a macro frame upward channel. It also looks like a Inverse Bump & run formation. Moneyflow was diverging all the way to the upside & now broken to the down side. We think it will decline further & our first target area is $200
On the option side we would consider $230 March Puts
You can check our detailed analysis on NTES in the trading room/ Executive summary link here-
youtube.com/watch?v=Ewm9xNWn6LU
Time Span: 8:35"
Trade Status: Pending
On the option side we would consider $230 March Puts
You can check our detailed analysis on NTES in the trading room/ Executive summary link here-
youtube.com/watch?v=Ewm9xNWn6LU
Time Span: 8:35"
Trade Status: Pending
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.