The Traderszone Network

Published in TZ Latest News 11 January, 2016 by The TZ Newswire Staff

Keep Your Eye On These 3 Hot Software Stocks

NetEase (NTES) and Ulta Beauty (ULTA) were the only two Sector Leaders left standing in Monday’s IBD after a tough week in the market. Chinese gaming and Internet company NetEase has slipped below its 10-week moving average, but remains above a 154.98 buy point first cleared Nov. 12. The stock was up as much as 20% at its Dec. 29 peak, in profit-taking range. That gain has been whittled down to less than 3%.

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