TICKER CODE: TCEHY
Company Name: TENCENT HOLDINGS LIMITED
Industry: US Stocks OTC
Position Proposed: BUY
Entry: NOT READY (52.70-53.85)
1st Partial Take Profit: 112.30 (April-May 2024)
2nd Partial Take Profit: 148.55 (October-November 2024)
Stop Loss: 44.90
Technical Analysis
1. Head & Shoulders (Potentially forming Head)
2. Double Bottom (Potentially forming; via Mirror)
3. Fibonacci Retracement at structure level
4. Safe Take Profit at Fibonacci Extension level 1.0 (Grey Zone)
Company Name: TENCENT HOLDINGS LIMITED
Industry: US Stocks OTC
Position Proposed: BUY
Entry: NOT READY (52.70-53.85)
1st Partial Take Profit: 112.30 (April-May 2024)
2nd Partial Take Profit: 148.55 (October-November 2024)
Stop Loss: 44.90
Technical Analysis
1. Head & Shoulders (Potentially forming Head)
2. Double Bottom (Potentially forming; via Mirror)
3. Fibonacci Retracement at structure level
4. Safe Take Profit at Fibonacci Extension level 1.0 (Grey Zone)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.