Yesterday’s highlighted resistance zone, which was also the prior day bearish fibonacci retracement area held, with sellers acting in accordance with Tencent’s weakness (Wednesday). The intraday selling pressure saw the price testing the bullish 50% fib zone which was followed by a 2000c rebound on an intraday basis, late in the session. Tencent is ‘flattish’ to up hence I am expecting the price to continue trading around the fib zone just below of around R2428-R2459. DAILY CHART.