Bullish on Tencent


- 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  

$TENCENT(00700)$  

# 💰 Stocks to watch today?(25 Dec)

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.

Report

Comment10

  • Top
  • Latest
  • koolgal
    ·07-14
    TOP
    Thanks for sharing your valuable insights on Tencent. 😍😍😍
    Reply
    Report
    Fold Replies
    • koolgalReplying toAsphen
      Have a great evening and a wonderful week ahead 🌃🌃🌃🌈🌈🌈💰💰💰
      07-14
      Reply
      Report
    • koolgalReplying toAsphen
      My pleasure 😍😍😍
      07-14
      Reply
      Report
    • Asphen
      thank you!
      07-14
      Reply
      Report
  • Deposit
    ·07-14
    TOP
    one of my fav too!
    Reply
    Report
    Fold Replies
    • Asphen
      Nice!
      07-14
      Reply
      Report
  • melson
    ·07-15
    TOP
    [smile] [Salute]
    Reply
    Report
    Fold Replies
    • Asphen
      😉
      07-15
      Reply
      Report
  • Gillard07
    ·07-16
    TOP

    New to the tiger but loving reading the tips 

    Reply
    Report
    Fold Replies
    • Asphen
      thank you!
      07-16
      Reply
      Report