Two stock charts and a graphic appear below. The first chart shows how the 
stock looked after an alert was given by our cumulative-volume float indicators. 
The second chart shows the resulting price move. The purpose of these charts is 
to demonstrate the principles of Float Analysis. 

Feel free to share these charts with others.

Netease.com (NTES)
Float Turnover at a Top
Resistance at the 50% Float Channel Line

On December 8, 2004 NTES made an initial breakdown below its Float Box at 
the Top. Eight days later it followed through and again penetrated below the 
Float Box. This price action at the top signified that a top was in place and 
that the upper area of the float channel line would offer resistance and an 
entry point to go short. On December 31st our float indicators gave a sell 
signal at $52.92. Twenty-nine trading days later and the stock is trading 
under $40. Notice how the dotted 50% float channel line has offered 
resistance to the stock's price on the way down. This is on of the great 
discoveries of Float Analysis!

Consider subscribing to FloatAnalysis.com.  You'll receive our Premium 'Stock Alert' Newsletter and have access to our  'FloatCharts Central- Charts, Scans, and Alerts' site.  We track the float turnovers on over 900 stocks including the Dow 30, the S&P 500 and the Nasdaq 400.

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At FloatAnalysis.com we're always on the lookout for trading opportunities like the one above.  For only $15 a month, $40 a quarter, or $150 a year, you can subscribe to our Premium 'Stock Alert' Newsletter.  This is about the price of one online trade a month or a little more than an 1/8 of a point on a trade of 100 shares.  Throughout the week, you'll receive charts on an 'as we see them' basis and before Monday's open we'll send you our weekend edition with commentary on the stocks that Steve has recognized as potential winners in the coming days and weeks.  

These stocks have recently made a particular "Float Turnover Formation" and have a high likelihood of profitability. These formations are written about in Steve's book Float Analysis, Powerful Technical Indicators Using Price and Volume (Wiley, 2002). (The book's former title was The Precision Profit Float Indicator.) The stock charts arrive in fast loading FloatChart format with commentary. In addition, you'll receive emailed stock alerts during the week as situations arise. 

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