Tencent Holdings Ltd

TENCENT - First hurdle

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- Following the previous post in the link below , price is back at another "key" level

- Down sloping 50 day moving average

- Down Trendline

- Below the 200 day moving average

We could flag here to reset for the next push up or fade back down to earlier support zone. Im still bullish on the long term but am cautiously watching each level of resistance

-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.

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