Flash note: Hang Seng 50 Future/Tencent + ADR /Nasper
According to Lester Davids, Trading Desk analyst at Unum Capital:
"Some positivity on the Tencent Chart - Could be a driver tomorrow.
- Bullish Divergence
- Extended well below it's 200dma (HK$404)
- Chinese market sentiment overwhelming negative"
Contact the Trading Desk on +27 (0)11 3842920 or tradingdesk@unum.co.za to discuss.
"Some positivity on the Tencent Chart - Could be a driver tomorrow.
- Bullish Divergence
- Extended well below it's 200dma (HK$404)
- Chinese market sentiment overwhelming negative"
Contact the Trading Desk on +27 (0)11 3842920 or tradingdesk@unum.co.za to discuss.