Hello dear readers, In the last TENCENT Music analysis , I also talked about the reasons for the massive sell-off in Tencent and then created a trading plan. Now the price is in the buy zone and I will build a long position. The reasons are: - The sell-off was triggered by a Blackswan event. - The price is at a strong cross support of golden pocket, trend...
Will the green line repeats the blue line or it is needed to pull back?
JSE:NPN is currently forming a small head and shoulders pattern on the 1D chart. If it continues downwards and confirms the break through the necklinr, we could be looking at a target around the 224000 level.
I like Tencent here, MACD and RSI are bullish. broke out of the triangle. My first target is around $400-405. More about Tencent Tencent Holdings Limited is a Chinese multinational conglomerate holding company founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and...
Tencent Holdings Stock Price Target & Analyst Ratings: Target 1 : 45,94$ Target 2 : 49,54$