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Is NTES gaining bullish strength? New 52 Week Closing High shows up after climbing 1.44%
On Wednesday, September 17th, NTES moved up 1.44% while volume was to 1.0× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, New Uptrend, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 158.12, 156.91 & 156.19, with resistance at 160.05, 160.77 & 161.98. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NTES: A
Today’s move could mean more—check all the signals for NTES on SwingTradeBot.
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