Tencent Major Trend Rebound
$TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$
While selling pressure from the market is not strong to pull the price lower after each selling. This is indicating that the selling pressure is weak. Which supports the kick start of a bullish trend.
In short term, the price movement continue to show bullish where the selling pressure erased with price marking back higher after sell down in the past 3 trading days.
A short term rebound from recent retrace is on the way.
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