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TENCENT MUSIC ENTERTAINMENT GROUPTENCENT MUSIC ENTERTAINMENT GROUPTENCENT MUSIC ENTERTAINMENT GROUP

TENCENT MUSIC ENTERTAINMENT GROUP

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1698 trade ideas

$TME Potential run up to earnings$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.
NYSE:TMELong
by Smithoroo
Short china company from USA pressure() Status: Open 03/06/2020 Idea: Selling the company's shares through the purchase of Put options. Expiration Date: 10/16/20 Strike: $12.00 Target price: $9 Max price: $105 Option target price: $365 Risk/Reward Ratio: 1/3.5 Position volume: no more than 5% of the Deposit [ (www.marketwatch.com) TME shares are in a downward trend. According to the chart, prices are at the upper limit of the trading range. There is reason to believe that there will be a rebound from the level. The formal reason may be news about the deterioration of trade relations between China and the United States. Chinese companies are also prone to manipulating financial statements, which creates additional risks. A clear example of such risks is the recent lucky Coffee (LK) scandal.
NYSE:TMEShort
by Miko-khan
$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.
NYSE:TMEShort
by gamer456148
Can you hear the bulls moo-ing for you ?All you want to know about this company What some analyst say about this company Looking at the chart, it is a 3 months up, then 3 months down followed by downtrend till now..... It has just broken out of the bearish trend line and let's be a little patient as it is going to pull back to 13.50 -13.00 (support). If this support holds, then we can initiate a buy else we wait some more to see if it falls through to the next level of support at 11.88. As usual, we want to buy low , sell higher and ride the bullish trend up. That way, you buy once and hold for a longer period of time and then sell at maximum profits .
NYSE:TMELong
by dchua1969
Tencent Music Entertainment reversal opportunity Entry level $14.33 = Target price $16.15 = Stop loss $13.79 Levels of Interest = $14.72 bullish above making a higher high P/E ratio = 77 Short interest = 12.75% Average Recommendation:Overweight Average Target Price:$16.17 13 BUY 00 OVERWEIGHT 05 HOLD 00 SELL Company profile Tencent Music Entertainment Group engages in the provision of online music entertainment services. It offers one-stop music services and solutions for smart devices, creating a complete music entertainment ecosystem. The company was founded by Jia Xin Peng on June 6, 2012 and is headquartered in Beijing, China. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED
NYSE:TMELong
by Bullishcharts
$TME BEARISH INTO EARNINGS, SENTIMENT IN THE DECLINE The market sentiment towards Chinese stocks is once again very low, restored tariffs can only lead to more pain in these stocks which are often clustered into ETF's. If overall market sentiment was to slip any further in the coming week TME will certainly suffer severe price declines. This is certainly not a stock we would be trading into earnings, but will keep on the wishlist. Analysts average estimate $18.34 Average recommendation Overweight 6 BUY 6 HOLD Company Description Tencent Music Entertainment Group engages in the provision of online music entertainment services. It offers one-stop music services and solutions for smart devices, creating a complete music entertainment ecosystem.
NYSE:TME
by RedHotStocks