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Is NTES likely to continue higher? 50 Day Moving Average Support shows up after dropping 4.51%
NTES posted a 4.51% loss on Wednesday, October 22nd, accompanied by 1.3× normal trading volume. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 142.66, 140.32 & 137.05, with resistance at 148.28, 151.55 & 153.89.
Current SwingTradeBot Technical Rating of NTES: C
What else did NTES do today? Find out on SwingTradeBot.
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