28oct2020 TCEHY is still bouncing while SPY is falling since 428oct2020 TCEHY is still bouncing while SPY is falling since 4 days PTON should be a stronger stock than indexLongby financial_freedom_with_guna0
TENCENT (700) BUY OR LONG - TARGET UP TO $650Tencent has confirmed the " Rectangle " pattern as my favorite, I bought it. Tencent buy : $565 Tencent target : $650 Stop loss : 6% Wish you good deals!Longby NgBinhMinhUpdated 5
Tencent saw more upside after bouncing from the support ! Tencent saw more upside after bouncing from the support ! Longby ella5191
TENCENT - Looking to build a long-term position on this oneI would be looking to load up at these support levels if this enters into a modest correction before another leg up. Currently perched on support, has a history of 20% down moves to cool off before legs up in price. If a bigger bear move occurred I'd probably hold my position long-term and then look to range in further at a bottom. IMO a 5-year hold that would be pretty profitable.Longby theponzimasterUpdated 2
$700 Tencent ConsolidatingTencent has been consolidating between 500 & 560 since the start of July. Bottom of channel remains the short term target. A break of the upper resistance line will be very bullish and could possibly indicate another leg up. by KoosKanmar0
Tencent Holding Short TCEHYTencent short opportunity: Bearish consolidation+ bearish RSI setup. Take trade now or wait for push to the upside, sell at suggested level and take profit at suggested areas. Stop loss above latest high or higher. Trade % probability based on experience: 65% Shortby IMakeProfit3
TENCENT: Long Trade & Harmonic Bullish Bat Pattern hey guys, bullish bat pattern is forming on tencent. pattern completion point is lying perfectly on a horizontal 4h/daily structure. 508.0 - 501.0 is our buying area. target levels: 524.0 538.0Longby VasilyTrader181826
Apps getting banned in india and USA. HOld for DIP BUYApps getting banned in india and USA. HOld for DIP BUYLongby sachin5553
Tencent is facing bullish pressure A pullback to test our buy entry could see a bounce from here. Longby lixing_gan3
TECENT Next week !I Advais You To Not Buy The Time Is For Selling This Market Will decline by ALAOUAL2
Tencent - Trading IdeaTencent currently in a consolidation phase. As a general rule, during a consolidation phase we would want to look for 2-3 bounce from 20/50EMA. Based on the chart, 2 strong bounce were sighted with a healthy pull back. Now it is reaching at near resistance 540. Suggest to wait if it breakout from the resistance or to look for the 3rd bounce. Disclaimer This is just a trading ideas, not a financial advice or a buy/ sell call. Please trade at your own risk.Longby FineTrader112
Bullish Engulfing - TCEHYBullish Engulfing Pattern formed after few constipating candles. Price were consistently supported by 61.8%, last price closed above 50MA is another plus point to the trade. However, suggest to protect profit as potential resistance at the gap above (78.6%).Longby joseph_tan1
View on Tencent (18/8)No signs of bearishness. HH and HL - Strong upmove. Support - 405 - 475 zone . Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activityLongby sonicrmastery0
TENCENT Good Entry Buy I am a consultant for anyone who needs a consultant, I see that TENCENT will rise in the next few hours when the market opens NB: 1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position 2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)Longby soufianchiekh0
My 2cents on 10 cents companyRead latest news here Ten cents is fully aware 80% of its revenue comes from China and to lose this market share that it has built over the years would not be worthwhile. Thus, it is a strategic decision to merge the 2 live-streaming companies to fend off the upcoming competitors. It has a lot on its plate now with US imposing a ban on Wechat which can be pretty substantial considering the number of Chinese residing in USA.Not only are they using Wechat to communicate with friends and family members in China, some are using to keep abreast of what's happening in China, news, payment and even doing business as well. If Wechat is banned, who will be next on the chopping block ? Alibaba? Apple which sells its iphones in China will not be stored too. Imagine buying an iphone in China and not allowed to download Wechat, what good will it be ? This will not bode well for Apple especially it is launching its upcoming 5G technology phones soon..... Gamers worldwide are panicking as they are concerned League of Legends , Fornite and Valorant games will be banned if Tencent is out of US. Will they submit a petition to President Trump ? I wonder if Trump consider the impact that it is sending to the business world ? Would he shut down the business or forced to sell when they come under scrutiny? This is scary and high risks that businesses need to consider carefully..... The one business that is going to benefit are the law firms as I can imagine lots of lawsuits amongst the companies and the government. Is this really about protecting the interest of the people, an issue of national security or really about politics and his election ? Read here If Trump is aware of this , he is not going to be happy that China is doing what they can to oust him out from the upcoming election. To drum up his chances, he has to do all he can and the most effective way is to direct the arrow at China, blame them for the Covid-19, the horrible trade war which caused US to lose billions and many more. Let's hope they can reach an amicable solution fast and the stock price recovers. One of the main reasons why I like this company is the string of investments it has made over the years. Look at Meituan, Pindudoduo JD.com , Huya , among many others. So, you see , Tencent operates more like an investment bank than a traditional company. It leverages on the success of other companies and take a cut of profits by investing in its growth. My weekly chart forecast it will hit $625 so at current price or even lower, it is a discount to those who believe in its story. Short term, there is likely some volatility so one might want to wait for the dust to settle a bit more before averaging up. Let's watch and see over the next few weeks. Longby dchua1969Updated 115