Several weeks ago, we posted a blog about how to simultaneously set up a target and stop price when executing an initial stock order. Good news – this process is now more seamless thanks to the bracketed orders feature we recently introduced.
What’s a Bracketed Order?
Less complicated than it sounds, a bracketed order simply “brackets” two prices (one stop price, one limit price) around an initial order. That way you can choose the levels at which you want to exit a winning or a losing trade. And when one order is activated, the other will automatically be cancelled. (more…)
Earlier this week, Standpoint Research upped its rating on NetEase.com (NASDAQ:NTES) to a “buy” from a “hold,” maintaining its 12-month price target of $42. The Beijing-based NTES operates an online community and e-commerce services throughout mainland China. An analyst with the firm noted that “At 10x estimates for next year, the concerns regarding margins, regulations and competition are already priced in.”
