Reallifetrading

Fib retracement on TCEHY

Long
OTC:TCEHY   Tencent Holding Ltd.
I'm expecting some sideways choppiness around this level. The 200 SMA is a STRONG support.This is a good 'healthy' pull back area and location. She's down A LOT obviously, but longer term, I still love the company fundamentally. I MIGHT add another small position if we hit the 200 SMA on a weekly.

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