Thread: NTES
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Old 11-12-05, 08:02 AM
FirstConsul FirstConsul is offline
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Join Date: Nov 2005
Posts: 383
NTES

(1) Internet index/stocks bullish
(2)Strong growth
(3)Price gapped down $20 forming an H&S but hitting the target already. At support now.
(4)Price gapping down is supposed to be due to lower than expected growth in sales.
(5)Marketwatch article:http://www.marketwatch.com/news/yhoo...F2CC4244C66%7D
"One thing is for sure, investors and analysts are saying it is game over for high premium multiples assigned to these stocks, at least for now" Too much negativity. Bullish sector should pull it up 10-20%
(6)At technical support now.
Long.
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