These rising wedges have a tendency to eventually break down when the buyers becomes exhausted. A possible level for a breakdown would be 340, but it's still early days. Wait.
Commento:
Tencent has reached a point of resistance on this rising wedge. It could start consolidating a little lower for either another leg up, or a break to the downside on this formation.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Tencent has reached a point of resistance on this rising wedge. It could start consolidating a little lower for either another leg up, or a break to the downside on this formation.