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yuchaosng
Dec 24, 2023 4:08 PM

Tencent Short: Target $246. Short

TENCENT HOLDINGS LIMITEDHKEX

Description

Firstly, apologies for coughing around the 8th min (too much chocolate).

Basically this analysis builds on top of the HSI and China A50 analysis that I've done previously and that I expect Tencent to move down to $246 and hits the lower channel line as well as 1x of wave (1) distance by 2023 year end.

Comment

Keeping this short call intact but extend to near end Jan 2024.
Comments
UnknownUnicorn4777054
Very clever
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