TCEHY fell and coming close to any uptrend line at 48.50. RSI has remained flush at 51% before and held. Support come in at 44.88 S2. News that Tencent will buy 10% of Spotify if and when it goes on the market.
Comment:
Tencent still faltering. Looking for a buy at 46.5
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Tencent moving back up. 58 target
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Tencent bounced out of the hole and is rising. Target R1 at 54.9131
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Tencent showing signs of further upside to 54.9131
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Tencent up, going for 60.
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Tencent continues to rise. Still looking for 60. Next target R2 at 57.28