TCEHY: Testing 55.00 support, what are we seeing?

asked by u/karim.karimi · 8h · 0 answers

Been watching $TCEHY pretty closely this week. We're currently sitting right on what I've identified as a pretty significant support level around 55.00. It's been acting as a floor on a few occasions recently, and seeing it hold again, at least for now, is interesting.

My take is if we see a sustained break below 54.80 on decent volume, that would invalidate this short-term support idea for me, and I'd be looking for the next level down. Above 55.80, the picture changes for the better. Just my thoughts, always open to other perspectives.

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