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Tencent Holdings update

After falling from the peak at 416 on Jan 2023 to a low of 260, it has since recovered by more than 10%. We can see the price level has broke out of the descending wedge and an important support at 295.80 must hold else it will falls back into the channel.

I will be monitoring closely before adding more.....

Please DYODD

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it could possibly retrace to 333 price level , that would be an interesting level to watch . I may accumulate more from there

Note

cnbc.com/2024/05/14/tencent-earnings-report-q1-2024.html

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next target 400

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Praise God. congrats to those who followed.
Next target 416

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aastocks.com/en/stocks/news/aafn-con/NOW.1386701/popular-news/AAFN

dchua1969

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dchua1969