NetEase Inc (NASDAQ: NTES)

NetEase, Inc. operates an interactive online community in the People’s Republic of China. It offers various games in a range of genres through mobile devices and PCs, including role playing games, MMORPGs, battle arena games, simulation games, collectible card games, first-person shooter games, sandbox games, and other types of games to the Chinese market.

Take a look at the 1-year chart of NetEase (NASDAQ: NTES) below with my added notations:

During the past three months, NTES has formed a level of resistance to watch at the $240 (red) mark. The stock has tested that mark multiple times since the beginning of August. A close above that $240 level would most likely lead to higher prices for NTES, and the stock failed to do so again yesterday.

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L Brands Inc (NYSE: LB)

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, home fragrance products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International.

Take a look at the 1-year chart of L (NYSE: LB) below with my added notations:

During the past eight months, LB has formed a level of resistance to watch at the $37.50 (red) mark. The stock has tested that mark multiple times since the end of March. A close above that $37.50 level would most likely lead to higher prices for LB.

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Randgold Resources Ltd. (NASDAQ: GOLD)

Randgold Resources Ltd. engages in the exploration and development of gold deposits. Its projects include the following: Loulo-Gounkoto complex, Morila gold mine, Tongon gold mine, Kibali gold mine, and Massawa.

Take a look at the 1-year chart of Rangold (NASDAQ: GOLD) below with added notations:

1-year chart of Rangold (NASDAQ: GOLD)

After rallying from its September low, GOLD has now moved into a sideways trading range. While in the range, the stock has formed a key resistance level at $86 (red), and a $77 support (green). At some point the stock will have to break one of the two levels.

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New Relic Inc (NYSE: NEWR)

New Relic, Inc., a software-as-a-service company, provides various digital products worldwide. Its cloud-based platform and suite of products include New Relic Platform, which enable organizations to collect, store, and analyze data.

Take a look at the 1-year chart of Relic (NYSE: NEWR) with the added notations:

1-year chart of Relic (NYSE: NEWR)

NEWR has a key level of support at $80 (green). The stock sure looks like its on its way back down to that level again, and traders could be able to expect some sort of a bounce from there, if it does. However, if the $80 support level were to break, lower prices should follow.

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Despegar.com Corp (NYSE: DESP)

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products through its Websites and mobile applications in Latin America. It operates through two segments, Air; and Packages, Hotels and Other Travel Products.

Take a look at the 1-year chart of Despegar (NYSE: DESP) with the added notations:

DESP has a key level of support at $15 (green). The stock might be on its way back down to that level again, and traders could be able to expect some sort of a bounce from there, if it does. However, if the $15 support level were to break, lower prices should follow.

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