$TENCENT Key levels, Analysis & Targets$700 Key levels, Analysis & Targets Price comes down to test at Fibo 78.6 - 94.2% ,and Price to rebound Longby Mr_12Tails0
Long TencentI think we've hit major broad market supports. All the big target of 2021 have hit. Many stocks were targeted 70 - 90% down and they're there. Now into accumulation mode. Using stops on all trades. It's a good time to be a busy bull with stops I think, crazy time to blindly buy with no exit strategy. Been waiting about a yr to buy this one. Long now.Longby holeyprofit1
Interesting Tencent fractal repetitions This fractal is something I noticed back in Sept and at the time I just found the coincidence funny and didn't take it too seriously, I wish I had though, because it would have been a great short! Basically I took the rally starting from the bottom in Mar 2020 and then flipped it upside down and moved it over so now the peak in Feb 2021 is the current bottom. It was for these reasons I was getting bullish on China when Tencent hit 45 and I was shocked when it tanked to 38, thinking the whole pattern was now broken. I admit that the news they were pumping out a the time even got to me and I didn't take advantage of the wall street manipulation. Now going forward, it would again be funny if it follows the rally projection here. I think it is unlikely that it'll follow it exactly, but who knows at this point? If it does, watch out for that peak in the summer of 2023. This is just more proof to me though that fractals can be a very useful tool in predicting the movement of a stock and you have to experience it unfold before you to believe in this kind of analysis. by Lynxys1
Tencent Tencent fell mainly due to chinese govt crackdown on large chinese firms and the penalties tencent faced recently. overall the company's cash on hand makes it stronger , with chinese govt supporting these large corporation to sustain its economy, expect to see these chinese growth stock recover slightly. Longby Midaz_Investments0
Tencent .. my ten cents worth on it sharedQuick note... a good friend asked me about Tencent. Given the developments recently, as well as over the past year. There was some regret in not buying during the dip, but it was about risk management in catching a falling knife IMHO. Missing the boat is also another feeling, and it is perhaps something dangerous to feel when looking at charts. So, this is called planning the trade... and in doing so, we might expect a dip in the week of April 25 at about 320-350. IF it does play out to that, we can expect a bottoming pattern to form, and then start looking to go shopping. Not before. Here we are planning the shopping trip. For now, it remains as a plan. Wait for it... For you, my friend... just so we go live on what we spoke about.by Auguraltrader1
Tencent downtrend swap and accumulation at 450-ish?I am thinking that we might face a trend swap for 0700 chinese stock. If it will fluctuate in the next days betwenn 350-450 it might be possible, also in the light of the positive news regarding the CN government position about the RU aggression on UKN. What are your thoughts? by balaurgg0
TCEHY Price Target Price target for TCEHY Tencent is $56. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.Longby BuySellMarketMaker0
COME ON.CHINA Fund anchor began the journey of the rematch, from the beginning of profit to later all the way loss, no matter how to analyze, tears have not cried out however... Financial analysts began to show their cards, self-mockery of the stock market is really difficult ~, anyway, he is not responsible, only for the shareholders of healing, in most of the time to call everyone to stand up, when the situation is bad, he started a cross talk, a lot of funny comments, he became the funny. Understanding of Chinese concept shares Sunset infinite good, just near dusk? The dawn is here. Hold on, okay? ... , The Shanghai Stock exchange has not fallen below 3000, in the concept stocks have fallen into the abyss, to China brought the Internet era they seem to be abandoned outside the door, so do the domestic stocks is good? Far from falling to where it was five years ago, we see the nasdaq, as represented by technology stocks, looking solid. In fact, the general stock formula can refer to the trend of bitcoin, the more miserable the fall, the later may rise more rapidly, from a long-term perspective, I am still more optimistic, Tencent is fully qualified and Apple comparable, just like bitcoin has the potential to be equal to gold. Secondly, the capital behind Chinese concept stocks is more from foreign countries. If they only speculate on American stocks, then the object of harvest can only be Americans. Will Americans still believe in the eternal bull market? No, so the capitalist's attention must be global, or the game will be hard to play. In short, those who believe in it will not sell, and those who do not believe in it go in and out, wasting time.Longby Haoge0
CHINA BIG DIP analysis + TENCENT (e-commerce, fintech, gaming)Hello Traders, Investors and Speculants :), You probably heard about Tencent holdings investment group.: These days you can hear some Fundamental analysis about Naspers / Prosus tranfer (spin-off) from South Africa exchange to Amsterdam. Many super-investors (value investors) like Guy Spier / Mohnish Pabrai are most likely increasing their position in Tencent directly or via Prosus shares. ++ others are buying CHina stocks // Charlie Munger = BABA, Ray Dalio increasing positions, Nitin Saigal fully invested in China ...). So Why would you need another analysis if they are alredy buying? This thread will be purely my opinion about oportunity for Buying into Tencent and many China located gigants + why I think, we are near the temporary bottom of correction = of Wave A !! If you look at biggest China companies, almost all of them reached All-Time-High from November 2020 till February 2020 = Potential TOP of China growth-tech bubble. (this time it could be e-commerce, finTech, Gaming companies + Crypto of course...) Lets take a look at few of them, this thread will continue in comments so stay tuned. TENCENT as one of biggest Chinese companies (acting more like ETF based on around 700 holdings). AliBABA KWEB - China internet ETF MEITUAN (Btw biggest Tencent position) SEA Limited: NIO: Whats interesting even some Non-China Fintech companies reached their ATH around this time like StoneCo (Brazil).: SOuth America - Mercado Libre - MELI: While in the US, Covid related restrictions and fear of investors was probably slightly delayed by several Months: is still near thSPX, AMZN, and other FAANG ggants are still near ATHs, some of the FinTech and e-commerce companies start to fall. PAYPAL: SQuare: Conclusion + Investment Thesis: 1) Be very carefull with catching the falling knife. Wait for pure Buy signals and signals of reversal at least at 3D/1W charts. Also consider buying only with very good RRRatio + clear setup. 2) China could be very good oportunity for short term BUY-LONG setups when you will be able to count all subwaves of Wave A but still be very carefull. (Around 1-3 months from now). 3) US and western - world conutries will probably continue to fall in dozens of % DOWN. (US is delayed, it could take around 3-6 months to reach bottom and point of maximum fear of retail and small VC investors.) Patience folks, patience. Shortby Longevity_ContrarianUpdated 333
TENCENT - Observation- Tencent is -60% from its high (Feb 2021) -30% Just in the last month (Mar 2022) Rising wedge measured move could reach the 250 level at this rate . Nasty 😨by Trader-Dan223
Tencent LiesThese are all the gaps in funding on the daily candles. It's all been borrowed credit. What is too big to fail? The US dollarShortby Morbius_Murphy0
Tencent Honkong Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0
$TENCENT Key levels, Analysis & TargetsTENCENT (700) Key levels, Analysis & Targets Forecasting stock prices using Fibonacci theoryShortby Mr_12Tails3
2022-02-23 00700Tencent Holdings’ valuation is relatively cheap now. Tencent’s logic is very simple. Conservatively, even if it is an infrastructure with a growth rate of only about 10%, it can also correspond to a price of around 430, with a margin of safety, but Tencent should be more than just a foundation. Facility, I think the market's concerns about antitrust are overdone, and I feel that Tencent's opportunity is similar to that of liquor during Prohibition. Of course, in terms of the future trend, it may not be very fast. Liquor was not fast in the past, but after many years, it is really a good position at a large level. Technically, there is currently a bullish Gat force. Let's keep going long.Longby adolphs2
TENCENT; respecting Upchannel & Fib levelsDespite the recent crash in Chinese stocks, TENCENT & JD seems to be the leaders in recovery. The reason may be due to their more diversified business segments. Alibaba & Baidu are the laggards. The chart shows that the channel & Fib levels are being rejected. Most likely wave 4 has already bottomed & wave 5 of III has started. Wait for price to break the diagonal pivot line. Not trading adviceLongby xtremerider81
Trading Idea - #TencentSELL/SHORT! ENTRY: 61.80 USD TARGET: 48.70 USD (profit 21%) STOP: 68.12 USD The trend is your friend! Fair price for Tencent is 47.00 USD to 50.00 USD. This range is the aim of the next SHORT trade. Stop loss above the last touch of the downtrend line (Septermber 2021). Target is the POI of the last year.Shortby Traderherz-AnalyticsUpdated 2
TENCENT - 🧐🧐🧐Tencent holding up fairly well this morning after Friday's USTECH sell off... Something to note is we do have a little unfilled gap below and we currently testing the short term uptrend. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-Dan2
TENCENT (0700)Tencent (0700) is currently trading near the green trendline. Its EMA10-EMA20 and MACD golden cross suggesting a possible uptrend. Hence there is a possibility of a retest of the HKD510 resistance with next resistance at HKD550.98. In contrast, a bearish bias and a short selling opportunity might arise if there is a daily close below the red trendline. Subsequently, downside support located at HKD400 and HKD368. by Boring_Trader0
JICPT| Tencent in the late stage of accumulationHello everyone. It's been a while since I published ideas regarding Tencent. After analyzing the global market to identify the sweet spot to park the assets for my client, Tencent again got my attention. From the daily chart, we can see the key anchored level around HKD412 is well respected after massive sell-off with above the normal volume. In my opinion, Tencent is in the process of accumulation, perhaps, the late stage. The upper boundary of the sideway channel is HKD515 to HKD528. I'm looking for big size candle with high volume to take over it. By setting the alert, let's see how it reacts to the boundary this time. The next target after confirmed breakout is HKD644. What do you think? Give me a like if you're with me. Longby JICPT774
Break above 23.6% will see next level Price is still well supported above $418, 200days Moving Average and 23.6% Fibo. Break above 38.2%, we may see $520 next week.Longby probabilityta1
My 2 Cents on TencentTencent Holding - Short Term - We look to Sell at 65.50 (stop at 69.00) Preferred trade is to sell into rallies. Trading within a Bearish Channel formation. 65.00 continues to hold back the bulls. The 200 day moving average should provide resistance at 67.00. Previous resistance located at 65.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 65.00, resulting in improved risk/reward. Our profit targets will be 55.00 and 52.50 Resistance: 65.00 / 68.00 / 70.00 Support: 55.00 / 50.00 / 45.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby Saxo6
Tencent... is it good to bottom pick now?My Humble Opinion on Tencent Currently, the price is in the consolidation zone. Note that the "consolidation" process is a neutral term. It does not have a bullish or bearish bias. It just means that there are BOTH buyers and sellers interested within that narrow range. Hence there is a lot of transactions for a long period. Over a period of time, either the sellers will run out of interest or the buyers will. When this happens, the price will move accordingly. Given that the primary uptrend is still intact, we can safely assume a small bullish bias on this consolidation. This does not mean that price will be 100% supported. It just means that the chances of price going up are slightly higher. Should the price falls below 400 into the Bear Territory, traders will need to get the hell out. Value Investors might need to relook at the fundamentals before blindly averaging down. If the price heads up after the consolidation, we will expect some form of selling pressure at 525 to 580. So do not expect a sharp recovery. If I am looking to trade this, I will not touch Tencent until the price can recover above 600 (Bull Territory) On the other hand, Value Investors may continue to pick up these stocks during this consolidation phase IF this company is aligned with your investment goals (certainly not aligned with mine) Personal Verdict: Stay the hell away!by NimbusCapital116
TCEHY: 200 Day Moving Average ResistanceTencent Holding - Intraday - We look to Sell at 65.30 (stop at 68.70) Preferred trade is to sell into rallies. Trading within a Bearish Channel formation. 65.00 continues to hold back the bulls. The 200 day moving average should provide resistance at 67.00. Previous resistance located at 65.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 65.00, resulting in improved risk/reward. Our profit targets will be 54.60 and 52.20 Resistance: 60.00 / 65.00 / 70.00 Support: 55.00 / 50.00 / 45.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby Saxo4