JICPT| Tencent completed retest, ready to challenge gap!

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Hello everyone. It's a good day for tech bullish buyers, especially Tencent fans.

On the daily chart, I found the retest has been completed with a bullish leg-out candle formed today. Looking above, the next challenge is the gap from HKD513 to HKD528. Also, there is a downtrend line which may weigh on it.

Looking forward, the valuation is attractive and I'm bullish on the stock. Though, it could have a second fall to the level of HKD479 before coming back again.

What's your opinion? Give me a like if you're with me.



Anmerkung
Into the battle zone.
Snapshot
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Keep going up inside the gap. Almost break it.
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Anmerkung
Tencent tumbled today after authorities summoned gaming companies to ensure that new rules has been properly implemented.
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gapgapfillTechnical IndicatorsTrend Analysis

plan your trade and trade your plan
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