NetEase may fall to 64.00 - 68.10

86.9 is our pivot point.

Our preference

The downside prevails as long as 86.9 is resistance.

Alternative scenario

Above 86.9, look for 93.9 and 98.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 90.1348 and 85.2717).

Supports and resistances

98 **

93.9 *

86.9 **

84.2

81.04 (USD-last)

72.2

68.1 **

64 *

59.9 **

Number of asterisks represents the strength of support and resistance levels.