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港股窩輪Jenny
wrote a post · Apr 30 11:18

Tencent enters a critical battle zone; when will the weak trend improve?

$TENCENT (00700.HK)$ The latest quote is 465.600 yuan, with the current share price already below several key moving averages, indicating an overall weak technical pattern and placing it in a critical battle zone between bulls and bears. The previous short-term first support level of 469 yuan has been broken. If it cannot quickly regain this position in the short term, there is a high probability that it will further drop to 460 yuan or even 446 yuan, a strong medium-term support level. For short-term trend judgment, Tencent needs to effectively break through the resistance level at 484.08 yuan for its technical structure to show initial improvement, opening up more rebound potential. If it fails to break through this resistance, it will likely continue to consolidate around lower levels in the near term, with any rebounds considered technical corrections. Traders should adopt a phased trading approach.
Sentiment in comments reflects disappointment, hesitation, and impatience. Many investors feel that Tencent 'can't rise,' 'even when the broader market rises, it doesn't move,' and 'trading volume isn't increasing.' Some have noticed narrowing volatility and lack of clear short-term direction. Although some investors remain optimistic, saying 'time to jump in,' 'finally ready to soar,' and '550+ is coming,' overall sentiment suggests market confidence has not fully recovered and willingness to chase gains remains weak.
$TENCENT (00700.HK)$ The latest quote is 465.600 yuan, with the current share price already below several key moving averages, indicating an overall weak technical pattern and placing it in a critical battle zone between bulls and bears. The previous short-term first support level of 469 yuan has been broken. If it cannot quickly regain this position in the short term, there is a high probability that it will further drop to 460 yuan or even 446 yuan, a strong medium-term support level. For short-term trend judgment, Tencent needs to effectively break through the resistance level at 484.08 yuan for its technical structure to show initial improvement, opening up more rebound potential. If it fails to break through this resistance, it will likely continue to consolidate around lower levels in the near term, with any rebounds considered technical corrections. Traders should adopt a phased trading approach. Sentiment in comments reflects disappointment, hesitation, and impatience. Many investors feel that Tencent 'can't rise,' 'even when the broader market rises, it doesn't move,' and 'trading volume isn't increasing.' Some have noticed narrowing volatility and lack of clear short-term direction. Although some investors remain optimistic, saying 'time to jump in,' 'finally ready to soar,' and '550+ is coming,' overall sentiment suggests market confidence has not fully recovered and willingness to chase gains remains weak. Key deployment points: Hold steady above 479.400 and break through 484.080 for a short-term rebound target of 497.400. If it breaks below 479.400, watch for a retest of 469.799, potentially dropping to 460 yuan or even 446.000. Bullish direction selection: If you are bullish on Tencent successfully bottoming out and starting a technical rebound, consider watching call warrants and bull certificates...
Key deployment points: Hold steady above 479.400 and break through 484.080 for a short-term rebound target of 497.400. If it breaks below 479.400, watch for a retest of 469.799, potentially dropping to 460 yuan or even 446.000.
Bullish Direction Options:
If you are optimistic about Tencent's ability to successfully form a bottom and initiate a technical rebound, consider call warrants and bull contracts. Among them, the BOCOM call warrant (16242) has an exercise price of 500.5 yuan, with the lowest premium and implied volatility among call warrants, making it suitable for investors who wish to capitalize on the rebound at a lower cost while reducing time value erosion. Another option is $SGTENCT@EC2606B.C (16136.HK)$ , which also has an exercise price of 500.5 yuan and a relatively low premium, offering another stable choice. For aggressive investors who anticipate a short-term rebound and can tolerate the risk of forced recall, bull contracts can be considered. $UB#TENCTRC2607U.C (58837.HK)$ The forced recall price is 440 yuan, providing actual leverage of up to 11.1 times, with the lowest premium, making it a high-leverage and cost-effective option. Meanwhile, $UB#TENCTRC2609Q.C (69923.HK)$ with a forced recall price of 445 yuan, offers higher actual leverage of 12.4 times, suitable for investors expecting a stronger rebound.
Bearish or Hedging Direction Options:
If you believe the stock price will continue to fluctuate before breaking through the moving average resistance or need to hedge existing position risks, consider put warrants and bear contracts. $UBTENCT@EP2608B.P (26702.HK)$ With an exercise price of 428.68 yuan, its premium is the lowest, and both implied volatility and leverage levels are relatively ideal, making it an excellent choice for bearish strategies. $JPTENCT@EP2608B.P (27020.HK)$ The exercise price is also 428.68 yuan, with leverage and implied volatility performing well, offering another alternative. For investors with a bearish view on the short-term trend, bear contracts provide higher leverage. $JP#TENCTRP2811J.P (62157.HK)$ The forced recall price is 508 yuan, with actual leverage reaching 16.2 times and a low premium. $SG#TENCTRP2811G.P (62250.HK)$ The recovery price is 506 yuan, with an actual leverage of 17.7 times, making it the option with the lowest premium among similar products, offering significant efficiency.
$TENCENT (00700.HK)$ The latest quote is 465.600 yuan, with the current share price already below several key moving averages, indicating an overall weak technical pattern and placing it in a critical battle zone between bulls and bears. The previous short-term first support level of 469 yuan has been broken. If it cannot quickly regain this position in the short term, there is a high probability that it will further drop to 460 yuan or even 446 yuan, a strong medium-term support level. For short-term trend judgment, Tencent needs to effectively break through the resistance level at 484.08 yuan for its technical structure to show initial improvement, opening up more rebound potential. If it fails to break through this resistance, it will likely continue to consolidate around lower levels in the near term, with any rebounds considered technical corrections. Traders should adopt a phased trading approach. Sentiment in comments reflects disappointment, hesitation, and impatience. Many investors feel that Tencent 'can't rise,' 'even when the broader market rises, it doesn't move,' and 'trading volume isn't increasing.' Some have noticed narrowing volatility and lack of clear short-term direction. Although some investors remain optimistic, saying 'time to jump in,' 'finally ready to soar,' and '550+ is coming,' overall sentiment suggests market confidence has not fully recovered and willingness to chase gains remains weak. Key deployment points: Hold steady above 479.400 and break through 484.080 for a short-term rebound target of 497.400. If it breaks below 479.400, watch for a retest of 469.799, potentially dropping to 460 yuan or even 446.000. Bullish direction selection: If you are bullish on Tencent successfully bottoming out and starting a technical rebound, consider watching call warrants and bull certificates...
Reply to some investors' views:
@23747751 The current rebound lacks strength, and market confidence remains weak as long as it does not break through 484.080.
@派丽蒙 Insufficient trading volume will limit the strength of the rebound; improvement requires a breakout.
@外科手術專家 News can drive sentiment, but technically, a breakout above 484.080 and 497.400 is still required first.
@非常看好 This reflects that Tencent's short-term performance is weaker than the broader market, and the reward-to-risk ratio for chasing the stock is not high.
Reminder: This article does not constitute any investment advice.
This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met; a comprehensive assessment of asset performance should be conducted using additional data. Decisions to trade should not be based solely on this article. Please note that past performance is not indicative of future results.
#HKStocks #Real-TimeAnalysis #WarrantSelection #WarrantGuide #DerivativesHedging #HKWarrantsJenny #Tencent #00700 #Blue-ChipStocks #TechnicalAnalysis$Hang Seng Index (800000.HK)$$Hang Seng TECH Index (800700.HK)$
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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