700A triangle has formed for Tencent pointing at around $336. This will be an important price to monitor to determine a Long/Short trade.
Also, take into account two gaps. Should the trend direction confirms an uptrend, those two gaps provide a good indication of potential profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.