A correction is comingDivergence indicate that a correction is coming. I will be looking at a good place to pick it up.
TCTZF trade ideas
Pullback trade @ TencentIf you look at this stock, especially in the monthly chart, you will see it is in an tremendous uptrend. And we just hat a little pullback.
So if this pullback is over now, I will enter a position. I will go long and follow the trend.
Only thing is, my personal entry triggers aren't really reached.
I want the EMA 200 to support the trend (done)
I want the stochastic to be at the bottom (incomplete)
I want the OBV to point in the direction of the trend (well.. that could be better)
I want a good, stable trend to follow (complete)
So i will keep an eye on this stock, I guess by Wednesday we should have our entry.
Tencent refuses to correct, Short term BullishThis stock refuses to correct even to the 10 day MA strong buying power from the mainlanders perhaps
Market leader in China with the billion $ market with its friend circle feature and almost everyone in china depends on it
Bull call + short Put or bull put if you only do spreads
short put whenever it correct
Tencent strong bullishTENCENT"]Fibo 61.8 retracement was strong support line and upper median line has bounced to energy point. Tencent will go to 315
TENCENT - Crazy bull trend it seems there are only a couple of minor corrections starting in Jan. Super strong momentum even though HSI corrects. It's an opportunity to LONG whenever it corrects.
Can you leap call/a simple calendar spread call to trade 700.
Or long the stock.
TENCENT has a date with 22I have a feeling Tencent will break this 4+ year trendline and retest the 22 area. Not a strong feeling.
