I opened $TENCENT(00700)$ , Bo

2024-11-29

Bought back Tencent after the 410 call option I sold was exercised 2 months ago. Based on technical, a near term bottom may have been formed. Fundamentally, this stock is still undervalued and the recent share buy back at around 400 is a good sign that a bottom could be near.

00700

11-29 15:56

HKTENCENT

Side	Price	Realized P&L
Buy Open	397.80	-7.18% Holding

TENCENT

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Comments

NotWizard
2024-11-29
NotWizard
the bottom is in, precisely 398 could be a strong support, where you could see a doji candle ranging now, despite the correction happens with a low volume, prepare for next leg up capt 😎
JoyceTobias
2024-11-29
JoyceTobias
Great move! Tencent seems poised for recovery. Excited to see where it goes from here
bouncee
2024-11-29
bouncee
Great move! Tencent has solid fundamentals, and buying back could pay off nicely in the long run.
kuplukzz
2024-12-04
kuplukzz
🔥

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