To quote my friend Adrian
" this guy has been holy crap batman - their business is very comparable to the US counterparts.. Amazon, Google etc."
STRONG TREND. #buythedip but don't be overly aggressive unless a LARGER pull back comes in at some point.
This stock refuses to correct even to the 10 day MA strong buying power from the mainlanders perhaps
Market leader in China with the billion $ market with its friend circle feature and almost everyone in china depends on it
Bull call + short Put or bull put if you only do spreads
short put whenever it correct
it seems there are only a couple of minor corrections starting in Jan. Super strong momentum even though HSI corrects. It's an opportunity to LONG whenever it corrects.
Can you leap call/a simple calendar spread call to trade 700.
Or long the stock.
Tencent Holdings continues its uptrend with an ascending triangle breakout.
Founded in November, 1998, Tencent, Inc. has grown into China's largest and most used Internet service portal.
www.tencent.com
