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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