Netease.com: The Trend Continues Up (NTES)
Wednesday, March 17, 2010 - 15:07
Written on Wed, 03/17/2010 - 3:07pm
By Chip Brian

SmarTrend identified an Uptrend for Netease.com (NASDAQ:NTES) on February 12, 2010 at $37.15. In approximately 1 month, Netease.com has returned 9.6% as of today's recent price of $40.72.
Netease.com is currently above its 50-day moving average of $37.19 and above its 200-day moving average of $39.08. Look for these moving averages to climb to confirm the company's upward momentum.
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.

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