$TENCENT(0_老虎社区_美港股上老虎

Hey guys! Anyone else eyeing $TENCENT(700.HK)

Prices have recently broken out of our descending trendline resistance at 413.5%

Looking to get in at the buy entry @ 362.8 in line with 38.2% Fibonacci retracement and graphical swing low. Probably going to long to 413.4 in line with 61.8% Fibonacci retracement and and 127.2% Fibonacci extension. I'll have my stop loss potentially at 354.4 in line with 50% Fibonacci retracement. MacD is also supporting our bullish bias.

Entry: 362.8

Take Profit: 413.4

Stop Loss: 354.4

What do yáll think?

$Tencent 5xLongSG220808(DDLW.SI)

$Tencent 5xShortSG230202(DTCW.SI)

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