Trader_Nix

Trader_Nix

I've been short on this fella for a while now... still hanging in there... but it's now or never. * Stock dumped by directors * Tencent looking like a downtrend perhaps * And 3 gaps down, something needs to give

Trader_Nix

Its reached the top of the channel after breaking through a monthly down trend line. Expecting a pull back of some sort. Big gap to fill at the bottom, and earnings out in Feb.

Trader_Nix

Perhaps the covid scare will push tencent over the edge?

Trader_Nix Updated 

Price bounced off a multi month down trend, will wait for it to break out of immediate short uptrend to signal short, then go down and close gap.

Trader_Nix

Considering what is happening in the America's this week, and the Political shenanigans we face.....

Trader_Nix

Between SPX pushing lower and China pjshing higher, im not sure if this one might be a bit of a push and pull. But there are sooooo many gaps down, its like 70% chance of some to be closed. Might need some patience. Break through both uptrend will signal a hard sell.