Tencent .. my ten cents worth on it shared

Quick note... a good friend asked me about Tencent. Given the developments recently, as well as over the past year.

There was some regret in not buying during the dip, but it was about risk management in catching a falling knife IMHO.

Missing the boat is also another feeling, and it is perhaps something dangerous to feel when looking at charts.

So, this is called planning the trade... and in doing so, we might expect a dip in the week of April 25 at about 320-350. IF it does play out to that, we can expect a bottoming pattern to form, and then start looking to go shopping. Not before.
Here we are planning the shopping trip.

For now, it remains as a plan. Wait for it...

For you, my friend... just so we go live on what we spoke about.