Thoughts on Tencent?

2022-09-01

Hi guys, I have a setup here for you $TENCENT(00700)$

On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 325.0 where the pullback support is to the take profit at 374.5 where the pullback resistance, 78.6% fibonacci retracement and 100% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is.

Entry: 325.0 [Smile]

Take Profit: 374.5 [Miser]

Stop Loss: 297.0 [Cry]

$Tencent 5xShortSG230202(DTCW.SI)$

$Tencent 5xLongSG220808(DDLW.SI)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

DLIM
2022-09-02
DLIM
Thanks for sharing this analysis
lpb
2022-09-01
lpb
Hope it recovers soon
Snowwhite
2022-09-01
Snowwhite
Already got it at 309 le [Smile]
LuckyPiggie
2022-09-01
LuckyPiggie
good advice. thanks .
Bluelake
2022-09-03
Bluelake
good
kyz
2022-09-02
kyz
ok

Leave a comment

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Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is.Entry: 325.0&nbsp;[Smile]&nbsp;Take Profit: 374.5&nbsp;[Miser]&nbsp;Stop Loss: 297.0&nbsp;[Cry]&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DTCW.SI\">$Tencent 5xShortSG230202(DTCW.SI)$</a>&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DDLW.SI\">$Tencent 5xLongSG220808(DDLW.SI)$</a>&nbsp;<img src=\"https://community-static.tradeup.com/news/d5e45187bfd13c3136aefca6977c733e\"></body></html>","htmlText":"<html><head></head><body>Hi guys, I have a setup here for you&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$</a>&nbsp;On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 325.0 where the pullback support is to the take profit at 374.5 where the pullback resistance, 78.6% fibonacci retracement and 100% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is.Entry: 325.0&nbsp;[Smile]&nbsp;Take Profit: 374.5&nbsp;[Miser]&nbsp;Stop Loss: 297.0&nbsp;[Cry]&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DTCW.SI\">$Tencent 5xShortSG230202(DTCW.SI)$</a>&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DDLW.SI\">$Tencent 5xLongSG220808(DDLW.SI)$</a>&nbsp;<img src=\"https://community-static.tradeup.com/news/d5e45187bfd13c3136aefca6977c733e\"></body></html>","text":"Hi guys, I have a setup here for you $TENCENT(00700)$ On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 325.0 where the pullback support is to the take profit at 374.5 where the pullback resistance, 78.6% fibonacci retracement and 100% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is. Entry: 325.0 [Smile] Take Profit: 374.5 [Miser] Stop Loss: 297.0 [Cry] $Tencent 5xShortSG230202(DTCW.SI)$ $Tencent 5xLongSG220808(DDLW.SI)$","highlighted":2,"essential":2,"paper":2,"likeSize":35,"commentSize":23,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9930762712","repostId":0,"isVote":1,"tweetType":1,"viewCount":1430,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["DDLW.SI","DTCW.SI","00700"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":494,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103736000,"gmtCreate":1662121479290,"gmtModify":1663258031542,"authorId":3583811401087980,"author":{"id":3583811401087980,"authorId":3583811401087980,"name":"DLIM","avatar":"https://static.tigerbbs.com/140bf807c414ea069de5f87b2b1509cd","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9930762712,"type":1,"supId":0,"prevId":0,"content":"Thanks for sharing this analysis","text":"Thanks for sharing this analysis","html":"Thanks for sharing this analysis","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103720823,"gmtCreate":1662042544032,"gmtModify":1663257949825,"authorId":3569758393447159,"author":{"id":3569758393447159,"authorId":3569758393447159,"name":"lpb","avatar":"https://static.tigerbbs.com/ec4aeddcb0330901458473691dcb9ac5","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9930762712,"type":1,"supId":0,"prevId":0,"content":"Hope it recovers soon","text":"Hope it recovers soon","html":"Hope it recovers soon","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103716987,"gmtCreate":1662020842992,"gmtModify":1663257929039,"authorId":3562979576963766,"author":{"id":3562979576963766,"authorId":3562979576963766,"name":"Snowwhite","avatar":"https://static.tigerbbs.com/f7b8537e21be09b6dce060ffe87a88e8","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9930762712,"type":1,"supId":0,"prevId":0,"content":"Already got it at 309 le [Smile]","text":"Already got it at 309 le [Smile]","html":"Already got it at 309 le [Smile]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103714619,"gmtCreate":1662006798793,"gmtModify":1663257913845,"authorId":4107063207857540,"author":{"id":4107063207857540,"authorId":4107063207857540,"name":"LuckyPiggie","avatar":"https://community-static.tradeup.com/news/33330ac1fe6d6c956e10045c870d6f46","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.04","exceedPercentage":"80.34%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9930762712,"type":1,"supId":0,"prevId":0,"content":"good advice.&nbsp; 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