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H TENCENT HK SDR 10TO1

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TENCENT Good Entry Buy I am a consultant for anyone who needs a consultant, I see that TENCENT will rise in the next few hours when the market opens NB: 1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position 2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
HKEX:700Long
by soufianchiekh
My 2cents on 10 cents companyRead latest news here Ten cents is fully aware 80% of its revenue comes from China and to lose this market share that it has built over the years would not be worthwhile. Thus, it is a strategic decision to merge the 2 live-streaming companies to fend off the upcoming competitors. It has a lot on its plate now with US imposing a ban on Wechat which can be pretty substantial considering the number of Chinese residing in USA.Not only are they using Wechat to communicate with friends and family members in China, some are using to keep abreast of what's happening in China, news, payment and even doing business as well. If Wechat is banned, who will be next on the chopping block ? Alibaba? Apple which sells its iphones in China will not be stored too. Imagine buying an iphone in China and not allowed to download Wechat, what good will it be ? This will not bode well for Apple especially it is launching its upcoming 5G technology phones soon..... Gamers worldwide are panicking as they are concerned League of Legends , Fornite and Valorant games will be banned if Tencent is out of US. Will they submit a petition to President Trump ? I wonder if Trump consider the impact that it is sending to the business world ? Would he shut down the business or forced to sell when they come under scrutiny? This is scary and high risks that businesses need to consider carefully..... The one business that is going to benefit are the law firms as I can imagine lots of lawsuits amongst the companies and the government. Is this really about protecting the interest of the people, an issue of national security or really about politics and his election ? Read here If Trump is aware of this , he is not going to be happy that China is doing what they can to oust him out from the upcoming election. To drum up his chances, he has to do all he can and the most effective way is to direct the arrow at China, blame them for the Covid-19, the horrible trade war which caused US to lose billions and many more. Let's hope they can reach an amicable solution fast and the stock price recovers. One of the main reasons why I like this company is the string of investments it has made over the years. Look at Meituan, Pindudoduo JD.com , Huya , among many others. So, you see , Tencent operates more like an investment bank than a traditional company. It leverages on the success of other companies and take a cut of profits by investing in its growth. My weekly chart forecast it will hit $625 so at current price or even lower, it is a discount to those who believe in its story. Short term, there is likely some volatility so one might want to wait for the dust to settle a bit more before averaging up. Let's watch and see over the next few weeks.
HKEX:700Long
by dchua1969
1
Manage your fear on the way upI know it can be a little scary when you are averaging up instead of what's commonly preached, averaging down when you go long on a stock, index, etc. The purpose of this chart is to illustrate there are ample opportunities in the market if one bothers to look closely. Some of the things I discovered in my journey of trading/investment on missing out good deals are , but not limited to : 1. Greed - wanting to partake in each and every stock out there. We need to know the size of our capital and by spreading ourselves too thinly, we may lose opportunities like this. 2. Lack of strategy - Without a consistent strategy, one's confidence in analysing the chart is based on what's the latest kids in town (indicators) to rely on. That is dangerous because it can send conflicting data and if one misread it , again, opportunities are lost....... 3. Fear - I should have bought at this price ......a common thing we heard from traders all the time. To put things in perspective, is it too late to enter now ? There are no fewer than 3 opportunities that I have shown that one can enter for this stock. 4. Pride - Are you too concerned about buying at a higher price and worrying if it falls, it would be embarrassing to tell your friends about it ? We , humans sometime place too much emphasis on pride and because of that, we let a good opportunity slip by. Read the latest article here and you may want to reconsider when the next opportunity present itself...
HKEX:700Long
by dchua1969
3
WE-BUY? - IN PRICE DISCOVERY MODEWeChat is an amazing app. Hands down it has almost everything one needs in order to get by daily living, including social interactions, payments, insurance and investments. Having lived in China for many years as a foreigner, I have seen the likes of social media platforms rise and fall. Founded by one of the THREE BIG MAs in China, Wechat is a behemoth in the IT world. Their personal touch and attention to the needs of the masses separate them from Jack Ma's Alibaba and Alipay. These days, I DO NOT see anyone NOT USING Wechat in China. Their integration of Wechat moments, simple messaging system and idiot proof money transfer/payment system rolled into one makes Facebook and whatsapp look prehistoric. Perhaps there will be a correction in the near term, but for the EW analyst or even those who use fractal and chart patterns, it is hard to ignose this one. Verdict - We Buy.
HKEX:700Long
by drjasonho