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Tencent Music Entertainment Group Sponsored ADR Class ATencent Music Entertainment Group Sponsored ADR Class ATencent Music Entertainment Group Sponsored ADR Class A

Tencent Music Entertainment Group Sponsored ADR Class A

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TMEN trade ideas

TME: Near the End of the Climb? Sellers Taking ControlTME (Tencent Music) has been moving higher inside a well-defined ascending channel, but the chart is flashing caution signals right now. Technical Points: Price has reached the top of the channel, a level that historically triggered pullbacks. Recent candles show weakness - upper wicks, lower volume, and hesitation near resistance. Significant gap from the 20 EMA (≈20.20$), increasing the odds of a pullback. A likely scenario: rejection at the current level and a move back toward the channel's midline (≈23$) or even the EMA zone. Bottom line: The upside looks limited here, while the risk of a reversal is rising sharply. A breakout would require strong volume, otherwise sellers may push this lower.
NYSE:TMEShort
by The_Earnings_Correspondent
TME Tencent Music Entertainment Group Options Ahead of EarningsIf you haven`t bought TME before the rally: Now analyzing the options chain and the chart patterns of TME Tencent Music Entertainment Group prior to the earnings report this week, I would consider purchasing the 23usd strike price Calls with an expiration date of 2025-9-19, for a premium of approximately $1.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:TMELong
by TopgOptions
TME benefits from the Asian stocks rallyAnother name on our list is Tencent. Tencent Holdings Ltd. is a Chinese multinational technology and entertainment conglomerate, one of the largest companies in the world by market capitalization. Headquartered in Shenzhen, China, it was founded in 1998 by Pony Ma and several co-founders. It benefits from the rebound of AI narrative, and develops a rally, which may be expanded into the future. Tencent delivered a standout first quarter, with revenue rising 13% year-over-year to ¥180 billion (~$25 billion), exceeding market expectations. Net profit increased by approximately 14% YoY to ¥47.8 billion, while non-IFRS operating profit climbed 18%, highlighting improved operational efficiency. All major business segments—gaming, fintech, cloud, and media—outperformed forecasts, further strengthening investor confidence. Technically, it develops a strong momentum, moving in an uptrend: not a fresh start, but it’s possible to observe a short-term continuation. If the price tests the lower line of the ascending triangle, it may bounce higher and break the higher border of this formation, as displayed on the chart.
NYSE:TMELong
by Stanislav_Bernukhov_Exness
Tencent Music (TME) Stands Out With Music + Social BlendTencent Music Entertainment Group (TME) is a leading online music platform in China, offering streaming, karaoke, and live entertainment services through apps like QQ Music, Kugou, and Kuwo. With a strong user base and a focus on monetizing social features, TME continues to grow through subscriptions, virtual gifts, and advertising. Its blend of music and social interaction sets it apart in the global digital music space. TME recently formed a confirmation bar with rising volume and moved above the .236 Fibonacci level, entering the momentum zone. This signals increased buying activity and the potential for a continued move higher. Traders may use the .236 level as a trailing stop reference with the Fibonacci snap tool to manage risk as the trend unfolds.
NYSE:TMELong
by traderspro_charts
TME Consolidates After Rally, Eyes $22–32 TargetIn late 2022, NYSE:TME posted its first breakout, climbing to an average of $7.50. A sustained rally through 2023–2024 drove the price above $15, with the mean level around $11. Since mid-2024, the stock has been consolidating at these levels, holding firm above both the 30- and 50-period EMAs as well as VWAP. However, volume has yet to pick up meaningfully in this zone. Should the move toward $15 resume, increased volume could spark another breakout. The next upside target lies in the $22–$32 range.
NYSE:TMELong
by The_Quantastic
TME Triple TopTME looks like a triple top. See reference image. I do believe we will return to the range between $5.50 - $10.50, and see a low in the 5-$6 range over the next several months. We can see a bearish divergence aligns with the three tops (RSI is decreasing for each of the three tops). As always, classical technical analysis patterns increase in probability when utilized on the longer timeframes. We can see this setup forming on the weekly-timeframe, which I believe significantly increases the reliability of this setup. Good luck, stay safe, have fun, and make money my friends.
NYSE:TMEShort
by VahadjiCapital
Tencent Music (TME): Digital Music Expansion Fuels Stock GrowthTencent Music Entertainment Group (TME) is China’s leading online music platform, offering streaming services, social entertainment, and music licensing. Through its apps, including QQ Music, Kugou, and Kuwo, TME provides users with access to an extensive music library, live-streaming, and interactive music experiences. With China’s digital music market expanding and increasing user engagement through social features, TME continues to capitalize on the growing demand for online entertainment. The stock chart recently displayed a confirmation bar with increasing volume, moving into the momentum zone, which occurs when the price rises above the 0.236 Fibonacci level of the current trend. This signals strong investor confidence and suggests the potential for further gains as buyers step in.
NYSE:TMELong
by traderspro_charts
Tencent Music (TME) – Streaming Growth & Fan Engagement Company Overview: Tencent Music Entertainment NYSE:TME is a leading digital music streaming platform with a 35.7% stock return over the past year, signaling strong market confidence. Key Catalysts: Q4 2024 Earnings on March 18 📊 Analysts anticipate positive results, which could boost investor sentiment. Bubble Service Expansion on QQ Music 🚀 The new partnership with SM Entertainment’s Dear U enhances artist-fan engagement, increasing user retention and monetization. Diverse Platform Ecosystem 🎧 Platforms like QQ Music, Kugou, Kuwo, and WeSing provide stable revenue while reducing reliance on any single platform. Strategic Entertainment Partnerships 🤝 Collaborations with major entertainment entities expand TME’s content library and user engagement, solidifying its industry position. Investment Outlook: Bullish Case: We remain bullish on TME above $11.00-$12.00, driven by user growth, service expansion, and industry alliances. Upside Potential: Our price target is $19.00-$20.00, backed by earnings growth, new services, and a strong content strategy. 🔥 Tencent Music – The Future of Digital Streaming & Fan Engagement. #TME #MusicTech #StreamingStocks
NYSE:TMELong
by Richtv_official
TME - UniverseMetta - Analysis#TME - UniverseMetta - Analysis The price has formed a triangular correction + breach of the upper trend line, which may indicate a continuation of the uptrend with a global target of 22.17 If we consider short-term prospects, the nearest target is 14.50 per share. We can also take into account the older timeframe, which suggests the possible beginning of a 5-wave structure. The potential yield could be 73% from breaking the trend line. Target: 14.50 - 22.17 Translated with DeepL.com (free version)
NYSE:TMELong
by Trade-U-Metta
Why Tencent Music Entertainment Could double your investmentHello, Over the years, I've developed a passion for identifying undervalued companies that often go unnoticed yet possess immense potential. These are the outliers—companies that have the ability to significantly grow your portfolio. One such company is Tencent Music Entertainment Group (TME). Tencent Music operates a portfolio of popular online music platforms, offering music streaming, online karaoke, and live streaming services. Its major brands include QQ Music, Kugou Music, Kuwo Music, and WeSing. As of the second quarter of 2024, Tencent Music reported approximately 571 million monthly active users (MAUs). Of these, 117 million were paying subscribers, marking an impressive year-on-year growth rate of 17.7%. In comparison, its larger competitor, Spotify, has 626 million MAUs and 246 million premium subscribers across 184 regions. Given that Tencent Music has yet to fully expand into new markets, this presents a substantial growth opportunity. Financially, Tencent Music boasts a market capitalization of $20.59 billion and a basic earnings per share (EPS) of $0.50 USD. For the fiscal year ending in 2023, the company generated $3.79 billion in revenue, with net income growing to $694.42 million. Notably, Tencent Music has no preferred shares, which enhances shareholder value. The company also holds $3.87 billion in cash and short-term investments, while its total liabilities stand at $2.57 billion, meaning it could cover all liabilities with its cash reserves alone. Additionally, the book value per share (BVPS) stands at $5.14 USD. From a technical analysis perspective, the stock appears to have reached a bottom and is currently in a corrective phase, signaling potential for further upside. Our recommendation is to buy around $10 USD, with a price target of $28 USD. Good luck, and happy trading!
NYSE:TMELong
by thesharkke
5
Tencent Music: Docked inTME recently reached our magenta Target Zone (between $9.55 and $6.84) and is now trading just below its upper edge. We expect a deeper dive before the magenta wave (ii) comes to a well-deserved end. With the low in place, the share should then rise again and head for a new three-year high with the same-colored wave . Investors can therefore play the long side within the Zone, whereby stops could be placed 1% below the lower edge or at the support at $5.70.
NYSE:TMELong
by MarketIntel
Taking On Discipline In StagesOnce you have decided that you need discipline in your trading, knowing where to start can be difficult and overwhelming. There are many pieces to a trading plan, and it's easy to feel overwhelmed. You can break the task into manageable sections and master one discipline at a time, or focus on the the discipline you need. This approach makes the process more manageable and ensures that each aspect of your trading strategy is given the attention it deserves. Trading Plan Components: Each of these sections should have objective rules so there isn't any escape room. Method Rules Entry Rules Stop Rules trailing Stop Rules Exit Rules Journaling Trade Plan for TME, COIN Shane
NYSE:TMEEducation
by ShaneBlankenship
6
Tencent Music ($TME) Beats First Quarter Revenue Estimates Tencent Music Entertainment Group, (NYSE: NYSE:TME ) a Chinese audio entertainment platform, beat Q1 revenue estimates by a steady rise in paid subscriptions and advertising services on its Spotify-like music streaming platform. The platform reported revenue of 6.77 billion yuan ($935.9 million) for the quarter ended March 31, beating analysts' expectations of 6.63 billion yuan. However, revenue declined 3.4% from the previous year. Tencent has capitalized on its position as the largest Chinese music-streaming platform with an attractive licensed music library while continuing to focus on advertising services and artist merchandise. Paying users at its online music streaming service rose 20.2% to 113.5 million from a year earlier. The company's revenue from online music services rose 43%, driven by solid growth in music subscription revenue. However, revenue from its social entertainment services dropped 49.7% due to the government's crackdown on online gambling in 2023 and increased competition from rival NetEase's Cloud Music and Bytedance-owned short video-sharing platform Douyin. Technical Outlook We are expected to see an Upside Gap or gapping effect prior to the earnings report. Tecent Music ( NYSE:TME ) stock has a Relative Strength Index (RSI) of 66.56, which clearly indicates an uptrend. The stock has been in a Rising wedge at the end of September 2023 towards this year consecutively surging towards new highs.
NYSE:TMELong
by DEXWireNews
TMEIn December, the Chinese government released draft new regulations aimed at curbing excessive spending and time wasting in video games. Shares of the industry's biggest players: NetEase and Tencent, which generate 100% and 50% of their operating profit from video games, fell slightly on the news, but were bought back. Firstly, this is still a draft document and is likely to undergo changes after consultation. Secondly, having rules will only strengthen the position of the big players in the market and create additional barriers for new ones. tp1 12.9 tp2 16.9
NYSE:TMELong
by Lazy-Lizard
Tencent Set to Release 'Dungeon and Fighter' Mobile Game in May Tencent Holdings, ( NYSE:TME ) the Chinese multinational giant, has announced the release of its highly anticipated mobile game, 'Dungeon and Fighter: Origin'. Developed by Korean company Nexon, the game is a mobile adaptation of the popular computer game 'Dungeon and Fighter', which is considered to be one of the world's most profitable computer games. This announcement comes after seven years of development, during which the game initially received government approval for release in 2017, before having its approval revoked. However, Tencent was granted a new license for the game in February of this year. The official release date for 'Dungeon and Fighter: Origin' has been set for May 21. The action game is expected to be a significant addition to Tencent's mobile game portfolio, given its immense popularity and profitability. Technical Outlook Tencent Holdings, ( NYSE:TME ) stock is up 2.29% prior the fundamentals trading above the 200-day Moving Average (MA) with the Relative Strength Index (RSI) of 58. The stock has consolidated in price for the 2nd time starting a new rising trend after the current consolidation faced at $11.76 pivot point.
NYSE:TMELong
by DEXWireNews