Tencent Holdings Ltd (700 - HK) is in 3rd subwave of 3rd wave, which is either about to end or it may further extend, but will know as correction proceeds. If the 3rd subwave ended then 4th subwave correction should not entered in to the territory of subwave 1. It is exactly moving up as expected in previous updates. In weekly time frame it is a very strong stock of HSI and in the 3rd wave of 5th wave impulse, which is further subdividing as extended wave.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.