This is the candlestick chart of NetEase.com (NTES) that I posted in the social media on Friday, showing it going into “beast mode” for a $28/share, or 18% breakout move in just a matter of 13 days. It shows why it’s so important to know those stocks that make the biggest moves, and that are likely to come roaring back after a market downturn.
The chart is provided courtesy of Stockcharts.com
NetEase (NTES) provides an interactive online community in the Peoples Republic of China. The company operates in three segments: Online Game Services; Advertising Services; and E-mail, E-commerce and others.
–pj