Tencent (TCEHY) technical preview March 16, 2015

TCEHY shares consolidating just below all-time highs. The technical picture is very bullish. There is good support @ $16.50. In case $17.50 is broken, $18.50 will be the first upside target.

TCEHY daily chart (18 months):

tcehy

Chart courtesy of http://www.StockCharts.com

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