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Tencent

Tencent Holdings – Potential Wave Count and ForecastAs current price action unfolds, a Wave 5 (gray) forming as an ending diagonal appears to be the most likely scenario. However, the micro count remains open to interpretation and may differ slightly. Continued observation should eventually provide clarity and confirmation at the lower degrees.This ending diagonal seems to be approaching completion. A sudden reversal could suggest that Wave 4 (pink) within the diagonal is not yet finished, as the recent downward move resembles a single impulse rather than a full ABC correction. That said, this alternative is less probable given that, by the rules of a contracting ending diagonal, Wave 4 (pink) should be shorter than Wave 2 (pink). Structurally, the current labeling still fits well with Wave 4 (pink) already being completed.For now, the focus should shift to the upside, watching for a developing ABC structure within Wave 5 (pink), which would complete both the ending diagonal and the larger-degree Wave 5 (gray). Upon completion, we should anticipate a significant correction. Based on current wave dynamics, this gray Wave 5 is likely to end in a truncation or produce only a marginal new all-time high. Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial or investment advice. All trading involves risk, and you should perform your own due diligence before making any trading decisions. The author is not responsible for any losses that may arise from reliance on this content. Always trade at your own risk.
HKEX:700Long
by UnbieY
Tencent: Searching for Wave A’s LowTencent’s corrective A-B-C structure is struggling to finish wave A. Our primary scenario calls for a drop toward support at HK$364.80, where wave A should bottom. That should open the door for wave B, followed by a deeper leg down in wave C—into the magenta Long Target Zone between HK$325.60 and HK$229.00. This zone should mark the completion of wave (2), setting up a long-term bullish reversal in wave (3), which may eventually target resistance at HK$715. However, if price breaks below HK$188.60, our wave alt. scenario will take over (36% probability), signaling an even deeper low before the next bullish impulse. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
HKEX:700
by MarketIntel
Tencent: Significant Decline!Tencent's stock took a significant hit, creating a noticeable gap in the chart. Nevertheless, for now, our primary assumption remains that the price is currently working on the turquoise wave 3 and will soon move toward the resistance at HK$715. Afterward, a corrective movement should follow during wave 4. However, if the stock falls below the support at HK$364.80, downward pressure will mount significantly and make it increasingly likely that the price will drop to new lows below the nearest marks at HK$261 and HK$188.60 to develop a new low of the large wave alt. in green (probability: 36%).
HKEX:700
by MarketIntel
Tencent Holdings (TCEHY) – Technical & Fundamental OutlookTencent Holdings Limited (TCEHY) is currently trading between $62–$64, maintaining structure within a well-defined ascending channel. After testing the $73 resistance level—a key price from 2020—the stock faced rejection, triggering a retracement phase and a shift into a daily consolidation range. This range now appears to be forming a short-term descending pullback channel, potentially continuing into June–July. Based on historical price action, the next key demand zone sits between $55–$60, a level that served as multi-year support and resistance from 2018 to 2024. A revisit of this zone would likely draw strong buying interest, making it a high-probability long opportunity. Technical Levels to Watch: Buy Zone: $55–$59 (long-term structural support) Mid-Term Resistance: $73 (tested and rejected, but weak) Breakout Target: $80–$81 (resistance from 2020) Major Upside Level: $99 (2021 all-time high) From a macro perspective, Tencent is strongly positioned in China’s growing tech ecosystem, with diversified operations across gaming, artificial intelligence, and quantum technologies. These sectors remain critical to the country's long-term innovation strategy. If Tencent successfully holds the $55–$60 support zone and regains momentum, a move toward $80–$81 by September becomes plausible. A confirmed breakout above that range would put $99 back on the map, opening the door for new all-time highs into late 2025. Conclusion: Current market structure suggests we may be entering a healthy retracement phase within a larger bullish trend. The $55–$59 zone offers a favorable risk-reward area for long-term positions, with strong upside potential as Tencent continues to align with China’s tech-driven growth narrative.
OTC:TCEHYShort
by QuantumFusionWave
2
Tencent Holdings LtdIs Tencent Stock a Buy Now? Tencent posted its third quarter earnings report on Nov. 16. The Chinese tech giant's revenue fell 2% year over year to 140.1 billion yuan ($19.8 billion), which represented its second consecutive quarter of declining revenue since its IPO in 2004. Its net profit rose 1% to 39.9 billion yuan ($5.6 billion). On an adjusted basis, which excludes its investments and other one-time items, its net profit grew 2% to 32.3 billion yuan ($4.5 billion). Those growth rates seem anemic, but Tencent's stock had already been cut in half over the past two years amid concerns about China's tightening regulations, slowing economic growth, and COVID19 lockdowns. So is it the right time to take the contrarian view and buy Tencent as a turnaround play? Let's review its core businesses and valuations to decide. Tencent generated 31% of its third quarter revenue from its video game business. Domestic games, which include its blockbuster game Honor of Kings, accounted for 73% of that total. The remaining 27% came from overseas hits like League of Legends, Valorant, and PUBG Mobile.Its domestic gaming revenue fell 7% year over year, representing its third consecutive quarter of shrinking revenue, as it grappled with tighter playtime restrictions for minors in China over the past year. Those restrictions also coincided with a temporary suspension on new video game approvals in China, which started last July and ended this April.Its international gaming revenue rose 3% year over year, accelerating from its 1% decline in the second quarter, as new games like Tower of Fantasy and Goddess of Victory: Nikke attracted new players. Unfortunately, its overseas growth still couldn't offset its declining domestic revenue. As a result, Tencent's total VAS (value-added service) revenue which includes its gaming divisions, social media platforms, and streaming media subscriptions -- declined by 3% in the third quarter but still accounted for more than half of its top line. This core business might gradually stabilize as Tencent expands its international gaming business, but it will likely remain under intense pressure as long as the Chinese government continues to scrutinize the gaming industry. 200$ was one of the biggest support and great opportunity to buying the dip. 300-320$ is a big resistance level for tencent and if bulls win that battle then 350$ is next but can we back 250 or even 200$ again? YES
HKEX:700
by moonypto
11
Tencent Holdings (TCEHY) Poised for a Breakout Toward New HighsTencent Holdings Limited (TCEHY) is currently trading within a well-defined ascending channel, with price action averaging $68–$69. The key resistance level at $73—a price last seen in 2020—appears weak and could be easily broken, given the company’s strong positioning in China’s expanding economy. With Tencent’s involvement in gaming, artificial intelligence, and quantum technologies, its growth prospects remain robust. If the $73 resistance is cleared, the next major target is $81. A decisive move beyond this level would set the stage for a potential retest of its 2021 high of $99, with the possibility of surpassing it as Tencent continues to capitalize on new technological advancements. Given these factors, Tencent could be on track to reach new all-time highs by the end of 2025, making it a key stock to watch in the evolving global tech landscape.
OTC:TCEHYLong
by QuantumFusionWave
4
Tencent Music (TME) – Streaming Growth & Fan Engagement Company Overview: Tencent Music Entertainment NYSE:TME is a leading digital music streaming platform with a 35.7% stock return over the past year, signaling strong market confidence. Key Catalysts: Q4 2024 Earnings on March 18 📊 Analysts anticipate positive results, which could boost investor sentiment. Bubble Service Expansion on QQ Music 🚀 The new partnership with SM Entertainment’s Dear U enhances artist-fan engagement, increasing user retention and monetization. Diverse Platform Ecosystem 🎧 Platforms like QQ Music, Kugou, Kuwo, and WeSing provide stable revenue while reducing reliance on any single platform. Strategic Entertainment Partnerships 🤝 Collaborations with major entertainment entities expand TME’s content library and user engagement, solidifying its industry position. Investment Outlook: Bullish Case: We remain bullish on TME above $11.00-$12.00, driven by user growth, service expansion, and industry alliances. Upside Potential: Our price target is $19.00-$20.00, backed by earnings growth, new services, and a strong content strategy. 🔥 Tencent Music – The Future of Digital Streaming & Fan Engagement. #TME #MusicTech #StreamingStocks
NYSE:TMELong
by Richtv_official
TENCENT Buy signal at the bottom of the Channel Up.Tencent Holding (TCEHY) has been trading within a Channel Up since the November 15 2023 High and on Monday it made contact with the pattern's bottom (Higher Lows trend-line). As the 1D RSI turned oversold and rebounded, we believe that this is the best buy opportunity in almost 1 year. Technically we should see the new Bullish Leg emerge now and a break above the 1D MA50 (blue trend-line) would confirm that, as it did on March 11 2024, which was only broken under again after the new Higher High was priced. We are targeting a little below the 1.618 Fibonacci extension at $73.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
OTC:TCEHYLong
by TradingShot
Tencent Holdings (TCEHY) Analysis Company Overview: Tencent Holdings OTC:TCEHY is poised for growth as the regulatory environment in China becomes more favorable, particularly in the gaming sector. The resumption of gaming license approvals has revitalized the market, allowing Tencent to launch new titles that resonate with consumers. Key Catalysts: Regulatory Recovery: The easing of regulatory scrutiny around gaming licenses has set the stage for Tencent to reinvigorate its gaming portfolio. Success of Dungeon & Fighter Mobile: The release of Dungeon & Fighter Mobile has been a standout success, generating $270 million in iOS revenue within the first 30 days. This performance highlights strong consumer demand and effective marketing strategies. Future Revenue Potential: Analysts forecast that Dungeon & Fighter Mobile could generate between RMB 15-18 billion in 2024, positioning it as Tencent’s most commercially successful game in five years, which bodes well for the company's overall revenue growth. Investment Outlook: Bullish Outlook: We are bullish on Tencent above $47.00-$48.00, reflecting confidence in its ability to capitalize on the resurgent gaming market. Upside Potential: Our target for TCEHY is $70.00-$72.00, driven by the anticipated success of new game launches and a healthier regulatory landscape. 🚀 TCEHY—Unlocking Growth in Gaming and Beyond. #Gaming #Tencent #MarketRecovery
OTC:TCEHYLong
by Richtv_official
FXI - iShares China Large-Cap ETF... FXI stock is a strong buy due to China's rapid economic growth, diverse portfolio of leading companies, and potential for high returns. Investing in FXI offers exposure to China's expanding market. 9988.HK Alibaba Group Holding Limited 9.72% 0700.HK Tencent Holdings Limited 8.73% 3690.HK Meituan 8.09% 00939 00939 7.08% 01398 01398 4.74% 03988 03988 4.26% 9999.HK NetEase, Inc. 4.00% 1810.HK Xiaomi Corporation 3.77% 9618.HK JD.com, Inc. 3.73% 01211 01211 3.51% FXI stock is a strong buy because while the US and Europe have experienced an incredible bull run, China's market hasn't seen the same gains. This offers a unique opportunity for potential growth and high returns.
AMEX:FXILong
by Maximus20000
Tencent (700): Ambitious Targets - Preparing for a BreakoutFor Tencent Holdings Ltd. on the Hong Kong Exchange, we're seeing a scenario where the subordinate Wave (2) has likely concluded between the 61.8% and 78.6% Fibonacci retracement levels around 260 HKD. We anticipate a breakout from this range heading upwards, ideally reaching the target zone for Wave (3) between 227% and 361.8% Fibonacci extensions, which translates to approximately 870 HKD to 1100 HKD. Though this target is quite ambitious, it remains plausible in the long-term scenario for Tencent. On the 4-hour chart for Tencent Holdings, we are observing a subordinate Wave 1 structure, which should be formed as a 5-wave structure heading upwards. The wave ((iii)) in this sequence has likely concluded at the high-volume node edge, fitting neatly between the 227.2% and 261.8% extension levels for Wave ((iii)). For the anticipated Wave ((iv)), we expect a more pronounced sell-off to between the 50% and 61.8% Fibonacci retracement levels, reaching down to our point of control, indicating significant buying interest at these levels. We'll place our stop-loss below the 61.8% Fibonacci level and beneath the maximum level where Wave ((iv)) can feasibly fall without invalidating our scenario. A brief dip into the level of Wave ((i)) is tolerable, but a prolonged stay would challenge the validity of our setup. We've also respected the trendline well, attempting a retest that should hold if valid, hence not anticipating a further drop. Our upward target is initially set at 416 HKD, beyond which we will look for new entries for a superior Wave 2 and continue to adjust our stop-loss from Wave ((iv)) accordingly.
HKEX:700Long
by freeguy_by_wmc
Tencent Set to Release 'Dungeon and Fighter' Mobile Game in May Tencent Holdings, ( NYSE:TME ) the Chinese multinational giant, has announced the release of its highly anticipated mobile game, 'Dungeon and Fighter: Origin'. Developed by Korean company Nexon, the game is a mobile adaptation of the popular computer game 'Dungeon and Fighter', which is considered to be one of the world's most profitable computer games. This announcement comes after seven years of development, during which the game initially received government approval for release in 2017, before having its approval revoked. However, Tencent was granted a new license for the game in February of this year. The official release date for 'Dungeon and Fighter: Origin' has been set for May 21. The action game is expected to be a significant addition to Tencent's mobile game portfolio, given its immense popularity and profitability. Technical Outlook Tencent Holdings, ( NYSE:TME ) stock is up 2.29% prior the fundamentals trading above the 200-day Moving Average (MA) with the Relative Strength Index (RSI) of 58. The stock has consolidated in price for the 2nd time starting a new rising trend after the current consolidation faced at $11.76 pivot point.
NYSE:TMELong
by DEXWireNews
TENCENT Most optimal level to sell long-termTencent Holding LTD (TCTZF) has been trading within a long-term Channel Down since the January 30 2023 High. Such +1 year consistency is hard to overlook technically, especially since the price got rejected last week not just on the Channel Down top (Lower Highs trend-line), but also on the 1D MA200 (orange trend-line). It has to be said that despite the rejection and the fact that the 1D MA200 has been essentially the Resistance since the August 10 2023 bearish break-out, it did manage a closing above it for the first time in such a long time-frame but the last Thursday - Friday strong rejection, potentially shows that the market hasn't shaken off the long-term bearish sentiment. On top of that, the 1D RSI got rejected exactly on its Resistance, the 70.00 overbought barrier, which is where it got rejected right before the last Lower High on November 14 2023. As a result we turn bearish again on this stock, targeting $32.00, which represents a -21.12% decline from the top, the lowest decline it had within this +1 year Channel Down on the March 15 2023 Low. In fact all Bearish Legs have been pretty symmetrical, ranging from -21.12% to -24.85%. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
OTC:TCTZFShort
by TradingShot
1
Tencent's Rocket Ride: Heading for 1338 HKD? For Tencent Holdings, we currently believe we are in an overarching Wave III, which should be created with a 5-wave structure upwards. This should naturally extend far beyond the Wave I level at the all-time high of 715 HKD. We anticipate a rise to at least 1338 HKD for this overarching Wave III. Wave II concluded at 188.6 HKD. Zooming in, we see that we are about to complete Waves (1) and (3) and soon enter into the Wave (3). Wave (2), as we expect, might dip slightly further, to 241 HKD. However, we are convinced that we could be in a long upward trend. Therefore, we do not want to be stopped out prematurely, as it would be quite unnecessary. A double bottom at 188 HKD cannot be ruled out. Thus, we place our entry at the 50% extension for the very subordinate Wave ((v)) and just above the 78.6% retracement level for the subordinate Wave (2). This would create what's known as a Fibonacci retracement cluster, where there should be a significant buying potential. We will see how it unfolds in the coming weeks or days. Should there be a rise above 297 HKD, we may need to reconsider our stance.
HKEX:700Long
by stromm
Tencent: Turn around! 🔄Tencent remains in our magenta-colored (long) Target Zone, which extends from HK$302.60 on the upper edge to HK$237.40 on the lower edge. It is still our primary assumption that the stock will establish another marginally lower low within this price range. Once the wave (2) in magenta has been completed, we expect the price to rise above the resistance at HK$416.60. At this point, however, it should be noted once again that the (minimum) requirements for the wave (2) correction, which the stock has been dealing with for almost a year now, were met with the approach of the Zone - as a result, a direct breakout to the upside would be quite conceivable from a technical point of view. Until then, the Target Zone continues to offer the opportunity to position oneself on the long side.
HKEX:700Long
by MarketIntel
1