andrewyu02

NTES Elliot Wave Count: Long opportunity coming soon?

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andrewyu02 Atualizado   
BATS:NTES   NetEase, Inc.
NTES looks to have completed a 5 wave move up from the Oct 2022 low, and is now coming down in a wave 2, in which waves A and B have been completed. Wave C of wave 2 is likely to reach and bounce from the previous resistance zone between $74 to $71 with $71 coinciding with the 0.618 retracement level of the 5 wave move up.
Comentário:
Wave B extended higher but price may be coming down in the C wave now
Aviso legal

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