NetDragon Placement: Reverse Inquiry at Inflection Point

NetDragon: Quality Business with Limited Downside & Unlimited Upside. Value or Growth? Why Not Both!

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<p><a href="https://www.smartkarma.com/entities/3703" target="_blank" data-smartkarma-citation="entities:3703:1">Netdragon Websoft (777 HK)</a> rally cycles have a fast and furious tone to spikes in the past. Today's gap is noteworthy as the market prices in rosier expectations. Many chart points are compelling for a trade higher with strategic overhead resistance pressure. Recent lows were not confirmed by indicators suggesting we just completed a final squeeze of selling momentum and volume. Given the break higher from baseline support we see potential to position for a rally at a time when Asian tech is generally under pressure and we feel September weakness will offer a good/better entry point.</p>

Netdragon Websoft (777 HK) rally cycles have a fast and furious tone to spikes in the past. Today's gap is noteworthy as the market prices in rosier expectations. Many chart points are compelling for a trade higher with strategic overhead resistance pressure. Recent lows were not confirmed by indicators suggesting we just completed a final squeeze of selling momentum and volume. Given the break higher from baseline support we see potential to position for a rally at a time when Asian tech is generally under pressure and we feel September weakness will offer a good/better entry point.

Netdragon Websoft

NetDragon Ignition and Trade Levels