NTES Should I Buy

Buy now. NTES is trading near a key support zone (around 130.9) with waning downside momentum (MACD negative but contracting, RSI6 ~37) and bullish positioning in options (low put/call ratios) alongside strong Q3 FY2025 profit growth. With hedge funds increasing buying meaningfully and earnings coming on 2026-02-11 (pre-market) as a near-term catalyst, the risk/reward favors entering immediately rather than waiting for a “perfect” pullback that may not come.

Price/levels: Pre-market ~131.47, sitting just above S1 support 130.857 (next support S2 128.618). Pivot resistance is 134.482, then R1 138.108. Momentum: MACD histogram -0.752 (below zero) but negatively contracting, suggesting bearish momentum is fading rather than accelerating. RSI: RSI_6 at ~37 indicates weak/soft conditions but not deeply oversold; it often aligns with late-stage pullbacks where bounces can emerge. Trend structure: Converging moving averages signals consolidation; with price near support, this setup favors an upside mean-reversion attempt if support holds. Pattern-based drift: Similar-pattern stats imply a mild bullish bias (about +0.98% next day, +2.03% next week). Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.