NTES - Cup with Handle - 2020-01-05

NTES Trade Summary

Performance metrics and trade details for NTES breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
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