$TENCENT (00700.HK)$$Tencent (TCEHY.US)$ 15/3/2022 Tencent d...
$TENCENT(00700.HK$ $Tencent(TCEHY.US$
15/3/2022 Tencent daily chart
Tencent closed with an Inverted Hammer, a potential bullish candle pattern
15/3/2022 Tencent daily chart
Tencent closed with an Inverted Hammer, a potential bullish candle pattern
three conditions met:
1. shadow is more than twice of candle body
2. occurs with a gap down from previous day
3. volume is the highest over past 6 months
1. shadow is more than twice of candle body
2. occurs with a gap down from previous day
3. volume is the highest over past 6 months
share price could have a short term rebound back along $335 ~ $350
void if share price continues to dip below today's Low
void if share price continues to dip below today's Low
Inverted Hammer candle pattern article reference:
https://www.elearnmarkets.com/blog/trade-with-inverted-hammer-candlestick/#
https://www.elearnmarkets.com/blog/trade-with-inverted-hammer-candlestick/#
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