Tencent rebound before last fallIn my opinion we are currently in a wave 4 of the elliot wave theory, i'm expecting further downturn before see gains. Also due to trade war possible downturn are still possible. In the long run however the company is solid and i think that further stock price increase is more than likely. At the end on wave 5 will initiate long with this company.Shortby felixtheboss4
TencentTencent is my private tip. I'm marking it as NEUTRAL, but I will slowly accumulate stocks on current and lower pricesby fanda2
TENCENTUpwards channel forming on the daily... looking good so far. We shall see if the channel is broken if no deal is made this weekend in Buenos Aires between the US and China. Longby RichardMilk1
TCEHY Possible Bearish MegaphoneSeeing a sideways wedge, possible bearish megaphoneShortby Crypto_Newman1
TECENT: Where Will It Go?The TECENT declined nearly half of its market value from the beginning of this year. Many investors are anxious about its future. Where will it go next? Now there is an opportunity for traders to buy. 1. A good demand zone is at 260-270 levels. 2. The 2.618EXT of the leg in the top is at 272. So it is good to buy at 260-270. SL: below 260 TP1:333 TP2:400Longby AdamHongUpdated 2
How lower could you go tencent With the overall environment, hk stock is showing no sign of recovery. Next target 217. GOGOGO Shortby CryptoMacau112
short 0800.hk sloppy moveentered into a short position on 0700.hk on 27-sep based on multiple ideas convergence: stoch 5-3-3 over bought came down while broke through 20d EMR and stoch 5-3-3- 0.382 and also most important conv with HSI weakness as tech sector has been the weakest sector for 2 weeks already. a bit sloppy as I didn't have much time to follow closely due to work, and it was not the best entry timing on the day.Shortby ManlaiUpdated 0
The bubble always end in the same wayMy target is 170 before accumulation happens. Do you feel panic in the market? I do not feel it. We need panic first Unlike Bitcoin, it takes far longer for stocks to finish its correctionShortby tecknit4
Strong Bearish on Tencent Bearish TK cross below the Cloud. Entered short position by today's morning and expected more downside to go. Bearish intermediate trend is awaiting to trade below $300Shortby NHacker828Updated 222
Tencent: short-term short, long-term longTencent: short-term short, long-term long Based on what have I observed for the past few months, tencent's price is on a short-term bearish trend caused both by its under-expected earning on online games, China's regulation on online game industry overall, as well as the elephant in the room, trade war. Short term wise, RSI negative reversals are coming on by on. Currently the price may go down to 291, which is the 0.618 retracement level since December, 2016, a two year term fibonacci retracement. But the RSI reversal indicates that it may go even lower to 274. But long term speaking, AD Line is trending upwards even the price keep going lower since March 2018, for the past 5 months. That is to say, 274-291 could be a crucial range for us to predict what may happen next.by xiucat662
TENCENT - ready to move UPTENCENT is a solid company that has been hit from the ongoing turbulence in the region. The chart shows us that practically since January the stock gradually entered in a long 4th wave (down). The projections of this move gave a target (black line) not far from the low of past Friday. In addition Momentum shows that the stock is deeply oversold. So, with solid Fundamentals, with Wave 4 almost over and with Momentum in deeply oversold area, I see an opportunity in the upcoming 5th Wave. Longby winstoxUpdated 446
Tencent Holdings ADR - Recovery SignalsI like what I am seeing on the Tencent ADR chart. The price has been knocked back as a result of fears around Chinese government regulation - but as you may know - I'm always up for a good reversal play. The stochastic is signaling a bullish crossover while the RSI is signaling a bullish divergence. Currently at $39.99, the price is extended well below it's 200-day moving average which trades at around $51.52. A positive move in the US tonight could spark a turnaround on the oversold Hang Seng and Asian markets. ________________________________________ Please feel free to contact the Unum Trading desk for any Trading related queries : 011 384 29 29 Unum Capital. An authorised South African Financial Services Provider (FSP 564) Longby LD_Perspectives2
Flash note: Hang Seng 50 Future/Tencent + ADR /NasperAccording to Lester Davids, Trading Desk analyst at Unum Capital: "Some positivity on the Tencent Chart - Could be a driver tomorrow. - Bullish Divergence - Extended well below it's 200dma (HK$404) - Chinese market sentiment overwhelming negative" Contact the Trading Desk on +27 (0)11 3842920 or tradingdesk@unum.co.za to discuss. Longby MarkWeetman2
Tencents stock change from fortnite Tencent is a trending NASDAQ stock from china, formerly a bullish stock now very volatile often losing from lack of progress in the game Fortnite. Tencent gets forty percent of Epicgames profits, the creators of Fortnite battle Royale, one of the most popular games ever created with nearly 150 Million downloads! unfortunately for Epicgames the game is dying and less people are playing the game which means less profits OTC:TCEHYby RafiHW113
RSI Negative Reversal again in Tencent's chartAnother RSI Negative Reversal again in Tencent's chart.Shortby xiucatUpdated 445
Bullish On TCEHYI ain't saying it won't go down a little further, but, buying a company like that at a price like this is a no-brainer and too good an opportunity to pass up on. This is to be kept long-term; with a potential for 30%+ to the upside. Tencent isn't going anywhere anytime soon.Longby Alix-PimodanUpdated 2