TTTencent Holding Ltd.
62.80USDD
−3.08−4.68%
At close at Jun 13, 19:59 GMT
USD
No trades
TCTZF trade ideas
Tencent - a multibagger , buy this for the next generationThis is one stock that I want to keep for the next generation.
It is now forming a nice symmetrical triangle pattern on the weekly chart.
See : fx-australia.com
It registers more than 10,000% returns if one has bought it in 2007 till now.
qz.com
www.prnewswire.com
www.forbes.com
www.scmp.com
Tencent Finally breaking out, time to go long? $700I like Tencent here,
MACD and RSI are bullish. broke out of the triangle.
My first target is around $400-405.
More about Tencent
Tencent Holdings Limited is a Chinese multinational conglomerate holding company founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.
Never ever gonna let you go......Tencentwww.marketwatch.com
www.forbes.com
This is one of my largest holding todate and I intend to accumulate as it continues to provide me with more buying opportunities.
Please note that this is a long term holding , min 5 years and above for me.
If you wish to follow, please ensure you have the right mindset , patience, risk control and capital management in place.
Tencent - Wait for entry HKEX:700
A triangle has formed for Tencent pointing at around $336. This will be an important price to monitor to determine a Long/Short trade.
Also, take into account two gaps. Should the trend direction confirms an uptrend, those two gaps provide a good indication of potential profit.
[Long Idea] Tencent wedgeHere we have a pretty sizable descending wedge, that may or may not break out. There is a positive divergence against MACD.
I think it will break out eventually, with central banks starting to ease again now that the Dollar is weakening a bit.
Tencent is the third largest holding in EEM, which has been looking bullish lately.
Tencent Idea Sharing (Long)Trend : Bullish
Formation :IHNS
Please look at my entry and TP. For stop loss please do it your own way, you can set it at the next support level or level that you can tolerate :)
Feel free to post any comment/question. I am more than willingly to reply you back :)
Quotes "The key to trading success is emotional discipline"
TENCENT - DAILY CHARTHi, today we are going to talk about TENCENT
We observe a D1, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
$Tencent Observation: Flat bottom triangle? $JSENPN $JSEPRXTencent in Hong Kong looks to be developing a flat bottom triangle pattern - otherwise known as a descending triangle. My only concern from a technical perspective is that these patterns are normally continuation patterns which develop in the direction of the preceding trend. However, there are instances when descending triangles form as reversal patterns at the end of an uptrend. Watch for a convincing daily close below the horizontal support line between (318-320). More importantly, a high volume break would provide better confirmation that this is indeed a true breakdown and will also provide a better probability that this pattern plays out. Should this technical pattern work out on a confirmed break below 318, it has a technical target of 243 HK$ which is roughly 24% away from current levels. The repercussions of this playing out has far-reaching consequences for our market given the elevated weightings which Naspers and Prosus occupy on our local indices.
What is also interesting to take note of is that the last time we saw the death cross (50dma < 200dma) in Jun/Jul 18' on Tencent, we witnessed the stock have an aggressive sell off from R400 down to R250. This death cross has once again taken place in September..
Tecent going bearish.Current tencent is going on a downward trend . Please see my pink/red line for my targeted price. Tech indicator show a bearish signal right now.
Feel free to post any comment/question or any idea that you wish to share. I am more than willingly to reply you back :)
Quotes "The key to trading success is emotional discipline"
My Co-Worker is Holding This Stock? Should He Hold or Sell???I was talking to my coworker, and he is into stocks. He invested money and was up over 6k. He then gave it all back holding. He is now only up 600 bucks. I told him I would take profit, and buy the dip later. I told him to get out based on the pattern forming. I also told him not to listen to me because it was his money. Looking at this stock, and everything going on in the market, I would definitely sell. I am simply a grasshopper lol. I need some advice from some of the pros. What do you think he should do? Sell or Hold? I say sell, and buy at support.
