Tencent Music Entertainment reversal opportunity
Entry level $14.33 = Target price $16.15 = Stop loss $13.79
Levels of Interest = $14.72 bullish above making a higher high
P/E ratio = 77
Short interest = 12.75%
Average Recommendation:Overweight Average Target Price:$16.17
13 BUY
00 OVERWEIGHT
05 HOLD
00 SELL
Company profile
Tencent Music Entertainment Group engages in the provision of online music entertainment services. It offers one-stop music services and solutions for smart devices, creating a complete music entertainment ecosystem. The company was founded by Jia Xin Peng on June 6, 2012 and is headquartered in Beijing, China.
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Levels of Interest = $14.72 bullish above making a higher high
P/E ratio = 77
Short interest = 12.75%
Average Recommendation:Overweight Average Target Price:$16.17
13 BUY
00 OVERWEIGHT
05 HOLD
00 SELL
Company profile
Tencent Music Entertainment Group engages in the provision of online music entertainment services. It offers one-stop music services and solutions for smart devices, creating a complete music entertainment ecosystem. The company was founded by Jia Xin Peng on June 6, 2012 and is headquartered in Beijing, China.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED