$TENCENT shows sign of rebound with bottom formed
TENCENT shows sign of price bottoming on last Thursday with high volume supporting the price from going down lower. (Yellow square box)
Based on our analysis, the rebound signals further sets in with price recover more than 50% of the Friday morning price fall. This indicating demand is coming back in after 2 weeks retrace & selling pressure easing. Which could lead to a price rebound in the coming weeks.
Our trading method: we are looking into Bull CBBC on this potential short term rebound.
#hkex #supplydemandtrading #supportresistancestrategy #cbbc #highriskhighreturn #stocktrading
Based on our analysis, the rebound signals further sets in with price recover more than 50% of the Friday morning price fall. This indicating demand is coming back in after 2 weeks retrace & selling pressure easing. Which could lead to a price rebound in the coming weeks.
Our trading method: we are looking into Bull CBBC on this potential short term rebound.
#hkex #supplydemandtrading #supportresistancestrategy #cbbc #highriskhighreturn #stocktrading
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.