Tencent breakout first time since Jan 2023 -Target 366.40

W Formation has formed recently on Tencent Holdings.

And where the price broke above the Neckline is also where the price has broken it's downtrend for the first time since January 2023.

This deems a very positive sign for buying and demand to push the price up.

Nature of the trade analysis is High Probability Too.

Price>20MA and Price>200MA
Target 366.40

Looks great!