PROSUSLong
PROSUS (1D) - Waiting for DIP
Updated
Hello Traders,
Prosus act as a Fund which is holding around 28% of TENCENT shares + some other interesting businesses (like e-commerce, food delivery, Payment systems, Elearning platforms) ...
For long term hodling this could be interesting pick. But is the Price correct right now or should we wait with Buy orders ?
CHart should show it all. We can see sometjhing like impulsive waves 1-3 are alredy visible withtiny wave 2. So currently finished triangle could be wave 4. = Market is hesitating if the price is alredy good for Long.
Hopefully there will be another leg down to green support zone.
There could be our Low Risk / High Reward setup to enter LONG position. (For LONG term !!) short term it could dip deeper. ;)
Patience folks. Trade safe.
Prosus act as a Fund which is holding around 28% of TENCENT shares + some other interesting businesses (like e-commerce, food delivery, Payment systems, Elearning platforms) ...
For long term hodling this could be interesting pick. But is the Price correct right now or should we wait with Buy orders ?
CHart should show it all. We can see sometjhing like impulsive waves 1-3 are alredy visible withtiny wave 2. So currently finished triangle could be wave 4. = Market is hesitating if the price is alredy good for Long.
Hopefully there will be another leg down to green support zone.
There could be our Low Risk / High Reward setup to enter LONG position. (For LONG term !!) short term it could dip deeper. ;)
Patience folks. Trade safe.
Note
Patience folks ... waiting for last wave {v] of A. Trade active
PATIENCE guys ... Patience. 
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