NetEase Inc (NASDAQ: NTES)

NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others.

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

Over the course of the past 3 months, NTES has formed an important level to watch at the $320 (blue) mark. That level was resistance back in December, then support in July, and now the stock has tested it as resistance multiple times over the past few days.

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Check Point Software Technologies Ltd. (NASDAQ: CHKP)

Check Point Software Technologies Ltd. engages in the development and market of software and hardware solutions for information technology security. The company products include threat prevention, next generation firewalls, mobile security, and security management.

Take a look at the 1-year chart of Check Point (NASDAQ: CHKP) with the added notations:

During the past six months, CHKP had formed a very important level of support at $105 (red). Last week saw the stock break below that support. Not only did that imply lower prices for CHKP, but the $105 area will now likely act as resistance on any future rallies, as it did yesterday.

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Arch Capital Group Ltd. (NASDAQ: ACGL)

Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide.

Take a look at the 1-year chart of Arch (NASDAQ: ACGL) with the added notations:

ACGL has a major area of support around $40 (green). The stock has quickly made its way back down to that level again, and traders should be able to expect some sort of a bounce from there. However, if the $40 support area were to break, much lower prices will likely follow.

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Illinois Tool Works Inc. (NYSE: ITW)

Illinois Tool Works, Inc. manufactures industrial products and equipment. It operates through the following segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products, and Specialty Products.

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

ITW has formed an important level of support at $170 (green) over the past several months. After just recently hitting new highs, the stock has now fallen back down to that support. If the $170 level were to break, lower prices should follow for ITW.

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Advance Auto Parts, Inc. (NYSE: AAP)

Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy-duty trucks.

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

AAP has formed an important level of support at $130 (red) over the past 7 months. The stock had fallen to that mark in August, and once again earlier this month. If the $130 support were to break, lower prices should follow for AAP.

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