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Uptrend Call Working As Netease.com Stock Rises 21.9% (NTES)

Written on Thu, 02/28/2013 - 1:08pm
By James Quinn

SmarTrend identified an Uptrend for Netease.com (NASDAQ:NTES) on December 28th, 2012 at $42.31. In approximately 2 months, Netease.com has returned 21.89% as of today's recent price of $51.57.

Over the past year, Netease.com has traded in a range of $37.00 to $65.54 and is now at $51.57, 39% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.8%.

NetEase.com Inc. provides an Internet community for Chinese users. The Company's Web site offers email, online auctions, online chat rooms, personalized Web sites, instant messaging, Web hosting, and e-commerce services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Netease.com shares.

Log in and add Netease.com (NTES) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights netease.com

Ticker(s): NTES

Contact James Quinn



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