NTES - Cup with Handle - 2020-01-05

NTES Trade Summary

Performance metrics and trade details for NTES breakout.

About

NTES Cup with Handle + VCP Trade:

  • Pattern Formation: Developed a Cup with Handle with multiple Volatility Contraction Patterns (VCP) on the right side, volume also dried up.
  • Entry: Breakout near $98.
  • Exit Options:
    • Climax Top: 26% gain
    • First Close Below 10 EMA: 17% gain

This setup highlights how combining multiple bullish patterns can lead to strong breakouts, with flexible exit strategies depending on risk tolerance.

Before Breakout Daily

NTES - Cup with Handle - 2020-01-05 before breakout daily

After Breakout

NTES - Cup with Handle - 2020-01-05 after breakout

Market Correlation Analysis for NTES

Top Similar Tickers

Stocks that move in the same direction as NTES

Positive
Rank Ticker Score
No similar stocks found in the current universe.

Top Inverse Tickers

Stocks that move opposite to NTES

Negative
Rank Ticker Score
No inverse stocks found in the current universe.