AdamHong

TECENT: Where Will It Go?

Long
AdamHong Updated   
HKEX:700   TENCENT HOLDINGS LIMITED
The TECENT declined nearly half of its market value from the beginning of this year. Many investors are anxious about its future.
Where will it go next?
Now there is an opportunity for traders to buy.
1. A good demand zone is at 260-270 levels.
2. The 2.618EXT of the leg in the top is at 272.
So it is good to buy at 260-270.
SL: below 260
TP1:333
TP2:400
Trade active:
Nice, the price is booming.
Comment:
Nice!

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