Tencent - 700HK

27 Tem 2020

• Does the stock price build a double top formation?
  
• Will the stock price cross the previous valley low at HKD 511
  
• If yes, the formation target price would be HKD 458; another 10% lower
  
• There was already a double top formation on the weekly chart February 18
  
• After a sharp decrease the stock moved sideways over several months