longer term for Tencent is Bullish
Referring to the weekly chart, we can see a strong bullish candle piercing above the resistance line at 396.6. With the strong government measures benefitting all sectors (not Banks) , I expect the rally in Tencent to continue with more sales revenues coming in for Labour Day (1st Oct ) and Singles Day......
Let's wait for a good pullback and add more to this amazing company....
Let's wait for a good pullback and add more to this amazing company....
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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.