Netease has been a major victim of political issues in China as it has cracked down on the Gaming industry, along with 
TCEHY it has battled to get some relief from government without a great deal of success. On top of that issue it is regarded as a no go zone for USA investors due to its Chinese origins and its inclusion in so many ETFS have meant that regardless of good earnings the selling has continued.
We suggest that it may have finally found trendline support which if it breaks could be disastrous.
TCEHY it has battled to get some relief from government without a great deal of success. On top of that issue it is regarded as a no go zone for USA investors due to its Chinese origins and its inclusion in so many ETFS have meant that regardless of good earnings the selling has continued.We suggest that it may have finally found trendline support which if it breaks could be disastrous.
Note
Note
nice 20% gainNote
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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.