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KPzone

Tencent Good RR Bet

Long
TENCENT HOLDINGS LIMITED (HKEX:700)  
KPzone Updated   
HKEX:700   TENCENT HOLDINGS LIMITED
Trend Analysis Chart Patterns priceaction
2
0
trendanalysis chartpattern priceaction
TenCent has cracked more than 40% From it highs
And is now available at decent Risk Reward
SL of 400 looks decent and can trail till new highs.

2 Important Things
Trend is now not on Bulls side
Use Fibonacci before entering
Comment:
Stock has exactly reversed from 0.5 Fib levels of 525
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