Today we will analyze the stock Netease.com (NTES) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Netease.com (NTES)
1- Last bearish trend was from 49.30 $ (1/27/2012) to 47.75 $ (1/30/2012) a 1.55 $ move 2- The current bullish trend started from 47.75 $ at 1/30/2012 and is currently trading at 50.26 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Netease.com (NTES) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 47.750 and 42.080, and is currently supporting at 49.370.
Netease.com (NTES) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Top Pattern at 47.800 that failed, and formed a support .
6- The Stock was supported by a support line, identified by two points: 42.080 and 41.500, and is currently supporting at 42.440.
Netease.com (NTES) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 8.090 $ height triangle which was broken up at 48.210 in higher than usual volume, target of the pattern is 56.300.

Stock Trading Conclusion:
Netease.com (NTES) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 56.30.
Stock Support levels : 49.67, 49.37, 49.30, 49.00, 48.71, 48.29, 47.75, 45.72,.