TME here is my .10 cent worth of info on this stock by requestI know I overcharged. I hope this helps.
by iCantw84it
05.27.2021
TME
TMEThis trade is going to have 2 entries. The first one is going to be today but wont be a big positiion, and the second is going to be more agressive, just after it breaks the purple line.
Reasons to trade this: MACD bullish crossing, MACD turning positive, Price making higher lows
$BIDU Weekly Straddle Setup! LOW RISK/HIGH REWARDVideo breakdown on a low risk/ high reward play I am watching on $BIDU
Tencent Looking bearish Looking bearish on the Hourly.
RSI is already overbought while the BlueWave doesn't have an upper wave yet. (bad sign)
I would wait a little bit till we have a confirmed green dot (buy signal) combined with an oversold RSI to go in.
TME (NYSE) - Be CarefullGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
TME (NYSE) - Be Carefull
If you do not believe in stop loss look at these charts!When we experience a high volatile market you should always protect your investment with stop loss, because price crash could be so quick that you may not have enough time to think and make decisions..!
IMO: Having tight stop loss and updating it, is a must in the current market situation.
This my last piece of advice for beginners, even pros!
Short opportunity Buy Put 26 for April 16???
Always manage risk never put more than 5% of your trading capital in a single option idea..!
TME, at all time high, lets chase this, entry at 24.78If we get it at 24.78 that would be perfect
Queue to sell tonight
ACTC at market
IPOE at market
NNDM at market
NIO at market
Remaining stock in portfolio
YINN
WNW
QS
LIZI
$TME Potential run up to earnings$TME looks to be coiling up and could potentially breakout running up to earnings.
Beware this is a Chinese companies and there's a chance any China US tensions might present a failed breakout.
MACD looking to cross positive and above the zero line
Average True Range coming down to a low of around 0.3 - which is also the same level for when the stock broke out on July 1st which can mean volatility is to be expected soon.
Look for a pullback to the 50 day MA for an entry and hopefully a breakout until then.
Consider taking profit at the green lines and we can hope for a breakout all the way to its monthly tread line of right under $19
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
Tencent Music Ent. $TME "Brekout"$TME just broke $13.37 out with high volume. RSI is still below the trendline though. There might be a pull back but it is very strong for an upside rally.
12 months Consensus Price Target: $16.11
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
$TME: $12 Target by Mid MayFirst off, please don't take anything I say seriously or as financial advice. As always, this on opinion basis. That being said, let us get into a few of my key points. Looking at the three drives pattern and current past correlations, I think the positive outlook conservatively for TME is a $12 target. Other things to keep in mind is that TME been called "China's Spotify", amongst other things and have potential in the market segmentation they are trying to target. They also peaked past the $18 price point, and the negative correlation wave seems like it will pop any time now.
