Tencent Holdings (SGX: HTCD, HK: 0700) - Technical Rebound

 


Tencent Holdings (SGX: HTCD, HK: 0700) - Technical Rebound
Price showed potential price reversal with FFI indicator suggesting supply exhaustion and relative strength versus the Hang Seng Index revering positive.


Tactical Trade Setup:
Entry: Current price (~623)
Target: 682.5
Stop: 593.5
Risk–Reward Ratio: 2x


Disclaimers apply