Tencent 5xLongUB251128 (MNSW) Stock Forum and Discussion

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MNSW Tencent 5xLongUB251128

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2.020
-0.100-4.72%

10min DelayNot Open Nov 28 17:16 CST

2.020High2.020Low

Binni Ong

Nov 5 22:07

Why Stocks Drop After a Rally - How to Catch the Right Entry on HSI & Tencent

While everyone’s focused on the U.S. election results and American stocks, don’t overlook the Hang Seng Index, which has rallied more than 35% from its September low just two months ago.
Now that prices have retraced 50% of that upward move, is it time to buy?
In this video, I’ll discuss why stock prices often dip after a big rally.
We’ll dive into the psychology behind these moves and how it can help you time your en...

Binni Ong

Jun 18 22:07

Tencent stock has reversed in 2024

In the video, I also provided evidence from price movements why $TENCENT (00700.HK)$ trend has reversed and possibly tradeable zones.
Tencent's stock has reversed course, fueled by an impressive 54% surge in Q1 2024 adjusted net income. Key drivers include booming online ad revenue, promising gaming outlook with new game "Dungeons and Fighter", diversified growth from fintech and cloud, and a doubling of share buybacks. Easing regulations and bullish technical in...

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