Bullish on Tencent

Asphen
07-14


- Recent pullback to Fib 61.8 (275) 

- Ans has since broken a key level (329) which was also the many support and resistance of the past

- That bounce had gone up strongly

- A bull flag is now formed with a breakout possibly to 492

- Longer term fib extension also points to 492

- Friday also had a strong breakout candle out of the current flag range


Looking to accumulate if there is a backtest of 392

Tencent Daily 14 July 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$TENCENT(00700)$  

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Comments

  • koolgal
    07-14
    koolgal
    Thanks for sharing your valuable insights on Tencent. šŸ˜šŸ˜šŸ˜
    • koolgalReplyAsphen:Ā 
      Have a great evening and a wonderful week ahead šŸŒƒšŸŒƒšŸŒƒšŸŒˆšŸŒˆšŸŒˆšŸ’°šŸ’°šŸ’°
    • koolgalReplyAsphen:Ā 
      My pleasure šŸ˜šŸ˜šŸ˜
    • Asphen:Ā 
      thank you!
  • Deposit
    07-14
    Deposit
    one of my fav too!
  • melson
    07-16
    melson
    [smile] [Salute]
  • Gillard07
    07-16
    Gillard07

    New to the tiger but loving reading the tips 

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