Firstly, apologies for coughing around the 8th min (too much chocolate). Basically this analysis builds on top of the HSI and China A50 analysis that I've done previously and that I expect Tencent to move down to $246 and hits the lower channel line as well as 1x of wave (1) distance by 2023 year end.
My previous analysis of the Hang Seng Index was invalidated. And now I've done a revamp of the wave counts for 2023. This is the summary: 1. Hang Seng will continue to fall either till Christmas or EOY. 2. Target support, or end of correction, will be 14980-15100. Look out for this support zone.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
#FOXBUSINESS & #BLOOMBERG IS HIDING IMPORTANT INFORMATION FROM YOU. WHY??? #usa #GDP VS #ppp I ALSO LOOKEVER #ALIBABA #BABA DID THEY FIND jACK ma YET? AND #TENCENT WHICH LOOKS EXCEPTIONALLY GOOD.
Video breakdown on a low risk/ high reward play I am watching on $BIDU