Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NTES tally from $2.65 to $11.20 and I still see more downside in NTES. I see the rising 100 ma at 49.72 failing and we might head as low as 45 so we might hold about 25% of the options since we called a full position last night. Selling the position off only in pieces here. we did have a hammer and long lower tail, but that's when I dumped another 25% which leaves me with 25% left.