KPzone

Tencent Good RR Bet

Long
HKEX:700   TENCENT HOLDINGS LIMITED
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