NetEase ST : the downside prevails as long as 146.14 is resistance

Our pivot point is at 146.14.

Our preference: the downside prevails as long as 146.14 is resistance

Alternative scenario: above 146.14, look for 153.13 and 157.29.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 147.63 and 146.58).

Supports and resistances:

157.29 **

153.13 *

146.14 **

143.40

140.19 USD - last

130.11

126.02 **