This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Tech Stocks Soaring on Big Volume

NetEase.com

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

NetEase.com (NTES - Get Report) is engaged in the development of applications, services and other technologies for the Internet in China. This stock is trading up 2.6% at $56.43 in recent trading.

Today's Volume: 988,000

Average Volume: 812,077

Volume % Change: 70%

>>3 Tech Stocks Hedge Funds Are Buying

From a technical perspective, NTES is bouncing strong here with above-average volume right above its 50-day moving average of $52.12. This move is quickly pushing NTES within range of triggering a near-term breakout trade. That trade will hit once NTES manages to clear some near-term overhead resistance at $58.20 with high volume.

Traders should now look for long-biased trades in NTES as long as it's trending above today's low of $54.44, and then once it sustains a move or close above $58.20 with volume that's near or above 812,077 shares. If that breakout triggers soon, then NTES will have a great chance of re-testing or possibly taking out its next major overhead resistance levels at $61.90 to $64.08.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CERN $68.78 -0.41%
FB $86.76 1.20%
NTES $145.72 0.59%
TSLA $269.50 0.46%
YHOO $39.27 -0.05%

Markets

DOW 17,713.17 +93.66 0.53%
S&P 500 2,071.23 +8.12 0.39%
NASDAQ 4,997.4410 +10.5740 0.21%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs