Edson Gould’s $TCEHY Downside Targets

Below are the downside targets based on the work of Edson Gould.

• $56.14 (conservative target)
• $44.59 (mid-range target)
• $33.03 (extreme target)

Using the Speed Resistance Lines of Edson Gould is ideal since it is a relative scale for every stock no matter the price AND TIME.  Additionally, parabolic increases have been consistent in achieving the conservative target in the past (except in the case of Telsa).

See Also:

• TenCent Holdings Downside Target October 12, 2018