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dchua1969

Tencent Holdings update

TENCENT HOLDINGS LIMITED (HKEX_DLY:700)  
dchua1969 Updated   
HKEX_DLY:700   TENCENT HOLDINGS LIMITED
Trend Analysis Chart Patterns
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trendanalysis chartpattern
After falling from the peak at 416 on Jan 2023 to a low of 260, it has since recovered by more than 10%. We can see the price level has broke out of the descending wedge and an important support at 295.80 must hold else it will falls back into the channel.

I will be monitoring closely before adding more.....

Please DYODD
Comment:
it could possibly retrace to 333 price level , that would be an interesting level to watch . I may accumulate more from there
Comment:
next target 400
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