Tencent Music Entertainment Group American Depositary Shares each representing two Class A (NYSE:TME)
Old Forum Content for TME
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.- Wolf: #China Getting some action. $TME Up 5.3%, $BABA UUp 5.5%
- traderbren: $TME - pushing to a new high. NP
- scottrades: Some Earnings to be aware of this week: $NVDA $WMT $BABA $HD $ZIM $TSN $TGT $SNDL $SE $PANW $AMAT $MNDY $LOW $CSCO $JD $M $TSEM $SBLK $DNUT $YOU $FREY $TJX $KSS $NU $BJ $JAGX $FL $DNA $ESEA $IMCC $BITF $IMPL $AKTS $OTLY $CAN $NOVN $AAP $NTIC $QFIN $ACM $SONO $FTCH $TME
- scottrades: Some #Earnings to be aware of for this coming week: $NVDA $WMT $TGT $HD $RBLX $AMAT $CLSK $UWMC $NIU $PSFE $LOW $RAIL $CSCO $IDEX $M $TJX $DE $HUYA $DOYU $TME $OEG $KSS $POWW $BILI $VBLT $MBII $ZIM $A $EL $ADI $GRUB $DQ $MLSS $DRIO $FUV $FL $HHR $EAT $FTCH $SMED $PHGE $VIPS $TPR
- kt4000: Added $NATI Calls 8.20.21 45.00's, Added $IQ small position in case China reverses, added calls in $TME, $TAL and looking for $BABA all very small call positions
- Docoof: @Henry $Tencent $TME
- Henry: @Docoof $Tencent $TME Isn't there more than one? $TECHY
- Docoof: China’s antitrust regulator on Saturday ordered $TME to give up its exclusive music licensing rights and slapped a fine on the company for anti-competitive behavior. Tencent and its affiliates were ordered to relinquish its exclusive music rights within 30 days, and to end requirements for copyright holders to grant the company better treatment than to its competitors. In response, Tencent said it will “comply with all the regulatory requirements, fulfill our social responsibilities and contribute to healthy competition in the market.”
- rjw225: $TME may I ask Dan, Scottrades or bRobert opine on it? I have been in it since the Archegos debacle and I cannot wait for it to start moving up. Will be much obliged.
- scottrades: Some #Earnings to be aware of this coming week: $WMT $AMAT $HD $BIDU $JD $SE $TGT $M $CSCO $CLOV $LOW $NIU $LB $PRPL $IQ $RIDE $TTWO $RAIL $DE $IDEX $ADI $TME $FSR $KSS $CSIQ $PTN $FUTU $MAXN $IBIO $TJX $VIPS $OEG $FL $HUYA $PANW $DECK $MRNS $DQ $LSPD $TWNK $XONE $NTES $WOOF
- issues: @scottrades $WMT $AMAT $HD $BIDU $JD $SE $TGT $M $CSCO $CLOV $LOW $NIU $LB $PRPL $IQ $RIDE $TTWO $RAIL $DE $IDEX $ADI $TME $FSR $KSS $CSIQ $PTN $FUTU $MAXN $IBIO $TJX $VIPS $OEG $FL $HUYA $PANW $DECK $MRNS $DQ $LSPD $TWNK $XONE $NTES $WOOF #Earnings Scott what is the trading symbol for the DOTUSDT you mentioned on Fri?
- natural: $TME bouncing back a bit after a crazy pullback. Weekly forming a hammer.
- Max115: $TME trying to get above the 200d
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DAN: ...
$TME -- Still under distribution.
$TWLO -- Watch 200-day MA. I would not buy this.
$APPS -- Tightening up here. Needs to bleed off last week’s selling.
$BLK -- Starting to form a handle.
$HZNP -- Squeeze fakeout and breakout.
Requested Vide ... - DAN: The Archegos Ash Heap stocks look like they're going to get a lift today. $TME $VIPS are deeply oversold and I nibbled just a bit to keep things interesting. $VIPS actually saw the most puking on Friday, trading 186 million shares, which was about...180 million higher than average. $TME is really sloppy, but that bottom looks like it happened Friday on 467 million shares, which is just...457 million more than are usually traded. $GSX could also move a bit higher. $VIAC also looks like it's in the aftermath of a 250 million climax low. Just spitballing here, but I think these stocks will work pretty well today. As I view the pre-market trading, the bulls showed up for work early. Dan
- zeddie1: $TME up 6% midday. Mgt announced a 1 billion $ buyback.
- champ: @scottrades $TME $VIPS $JD $BIDU $BABA $KWEB #China ---- Obviously investors shouldn't be in any stocks.... in this sector. All of us already knew that.
- Forexpro: @champ $GS #Repositioning #think Thanks, Champ, Reportedly, the selling in media ($VIAC, $DISCA, etc) and Chinese shares ($BIDU, $TME, $VIPS) was a forced liquidation of Bill Hwang's Archegos Capital, with $GS and $MS handling the block trades (45 mio shares of $VIAC between them, again reportedly). I've attached a 1-minute chart of Friday's action in $VIAC. Rough day at the office for Mr. Hwang, if the tales be true. All the best!
- champ: @Forexpro $GS $VIAC $DISCA $BIDU $TME $VIPS $MS #Repositioning #think -- Thanks, that is important for some forum member to know,... because they were thinking that $GS was selling positions in their own account. However I agree with you, that $GS block-trades for their clients, like you posted about doesn't mean that $GS, is negative on the markets. ~~~ I was posting about Repositioning and #Thanks to your post, that clears up that issue, about $GS.
- Docoof: $TME announces share repurchase program. $TME may repurchase up to $1 billion of American depositary shares during a 12-month period starting March 29, 2021
- scottrades: $VIPS $IQ & $TME. This is what we call a Steep Pullback.
- Mikev200: @scottrades $VIPS $TME was just typing, yes dang. $VIPS is dead to me ( O'Leary).
- scottrades: Wow, $BIDU, $TME, and $VIPS..... dramatic action.
- traderbren: @scottrades $BIDU $TME $VIPS - yep, insane swings....even for a Swing Trader! ;-)
- andygood: @scottrades $BIDU $TME $VIPS Any technical level you'd consider any of these stocks like 200dma? ie $BIDU 172 or $VIPS around 25?
- scottrades: @andygood $BIDU $TME $VIPS I like to buy stocks coming out of bases, so I'd wait for that before considering a buy.
- maracom: @scottrades $BIDU $TME $VIPS They always warn you that China stocks have inherent risk, right?
- scottrades: Hey team, hearing some chatter about a Non-US fund or bank "blowing up" or having some forced liquidation of some major names. Which could explain some of the volatility we've seen in some of the China names, like $GSX, $IQ, $TAL, $TME, $VIPS and some others like $VIAC, $SHOP and $BIDU. Could be just noise, just passing along what I've heard.
- lostsheep: @scottrades $GSX $IQ $TAL $TME $VIPS $VIAC $SHOP $BIDU that sure would explain some of the unusual price action in some name that have lagged
- Hawaiianmaxx: @scottrades $GSX $IQ $TAL $TME $VIPS $VIAC $SHOP $BIDU you heard anything about what's going to happen on Monday? 😂 🔮🔮🎱 Short Monday 😊😃
- wanda1616: @scottrades $GSX $IQ $TAL $TME $VIPS $VIAC $SHOP $BIDU lord ....unbelievable
- wanda1616: @wanda1616 $GSX $IQ $TAL $TME $VIPS $VIAC $SHOP $BIDU apparently GS had a block of 50 mill shares to sell for someone this morning BIDU that is
- scottrades: #China stocks getting hit. $TME $VIPS $JD $BIDU $BABA $KWEB This would be a reason why: https://www.bnnbloomberg.ca/china-considers-creating-state-backed-company-to-oversee-tech-data-1.1581500
- joelsg1: @scottrades $TME $VIPS $JD $BIDU $BABA $KWEB #China And here I thought those were already state-backed companies. Silly me.
- romanalexk: $VIPS and $TME the same charts. Pretty scary!
- scottrades: My Swing notes: $SPY I buy Breakouts not Tragedies. $QQQ Still under the 50 Day. #Bitcoin $KWEB Yikes. $VIPS $TME A Public Service Announcement for Stops. $SMH Still under the 50 Day. $AMAT Swing and a miss. $DEN Green on the day. Want to see some strength in $XLE
- Auto: $TME added RHRN
- jjohn: @Auto $TME Thanks for the headsup. I took some
- dagdog: @scottto_2 I know, right?! Anyway, we are super off the trading topic so perhaps we should agree to put our music thoughts aside...However, take a look at $TME...just on fire. Unfortunately, I've just been watching...
- Mikev200: $TME earnings AMC
- scottrades: Some #earnings for the week $GME $BNGO $BLNK $ADBE $GRWG $HUYA $CODX $WGO $TME $SHIP $GIS $MOMO $DOYU $HOME $RH $BOXL $MBII $YJ $GAN $DRI $ADMA $AMWL $INFO $KBH $LQDA $VNRX $NEOG $SNX $BLFS $RAVN $ICLK $CL $RAIL $CMCM $VBLT $OPGN $VIOT $WOR $CURI $IRIX
- dagdog: $TME Nice move here...has been holding up well. Nice long, high base. (NP)
- dagdog: $TME P.S. Earnings next week
- dagdog: $TME Holding up well here...
- scottrades: My SS Notes: Dan's away tonight getting Diamond Hands installed. $SPY Below the 8EMA. Let's talk about reversals. $QQQ Yikes. $SPXS Curling a bit. $SQQQ MA’s coiled. #Bitcoin Consolidating. $UUP Above the 8EMA. $RIOT Still chopping sideways. $MARA Ditto VYGVF My best holding right now. $FB Above the MAs, but not a great day. $BIDU Around the 50 Day. $DIS Still above the 21 EMA. $SCCO Still above the 50 Day. $NSC Working. $CP Also working. $UNP Mentioned by Bridget $MOS Sold some. $GM Sold some. $TME Earnings run? $PENN At the 50 Day. $VIPS Never goes down. Request: $LH Still in trend. Don’t over think it.
- dkoran: @scottrades $SPY $QQQ $SPXS $SQQQ $UUP $RIOT $MARA $FB $BIDU $DIS $SCCO $NSC $CP $UNP $MOS $GM $TME $PENN $VIPS $LH #Bitcoin downside is coming. It’s a stock version of man versus food . Eventually something gives and usually man . Don’t give back money with stops . Just sell . You can always buy back if you are wrong on direction . It’s called sell high and buy higher if needed . Who cares .
- loser: @scottrades $SPY $QQQ $SPXS $SQQQ $UUP $RIOT $MARA $FB $BIDU $DIS $SCCO $NSC $CP $UNP $MOS $GM $TME $PENN $VIPS $LH #Bitcoin Chart of the day quote: "Too cool for school". I have to remember that one.
- Docoof: @scottrades $SPY $QQQ $SPXS $SQQQ $UUP $RIOT $MARA $FB $BIDU $DIS $SCCO $NSC $CP $UNP $MOS $GM $TME $PENN $VIPS $LH #Bitcoin —Dear scottrades, I’m on a waiting list for Diamond Hands, but I need them now. Please tell Dan to use his connections to hook me up immediately. Thanks!
- issues: @dkoran $SPY $QQQ $SPXS $SQQQ $UUP $RIOT $MARA $FB $BIDU $DIS $SCCO $NSC $CP $UNP $MOS $GM $TME $PENN $VIPS $LH #Bitcoin Are you familiar with the "Wash Sale Rule". If you buy back after selling a losing position to incur a wash sale rule that adds to your basis!! Not for me. I would rather not sell a loser so I can buy it back without adding to my cost basis. Just me, though.
- dkoran: @issues $SPY $QQQ $SPXS $SQQQ $UUP $RIOT $MARA $FB $BIDU $DIS $SCCO $NSC $CP $UNP $MOS $GM $TME $PENN $VIPS $LH #Bitcoin not my point . Most are in a winning trade thus why give back 2-5% of the profit with a stop . Just sell . Wash rule does not apply here .
- scottrades: My #Swing Notes $SPY Thanks J Pow... $QQQ Back above the 50 Day but a lot of leaders aren’t. #Bitcoin Noice Reversal $RIOT Watch 65 $MARA Watch 45 $MSTR At the 50 Day. $SI Watch 177 $VYGVF Thanks @Brett $SMH Through the 50 Day on Volume $AMAT Watch 121.50 $MU Off the 8EMA on good volume. $INTC Breaking out $QRVO Curling $AMKR Watch 24 $GOOGL Still in a range. $PLT Watch 45.50 $TME In a squeeze along the 50 Day. $BIDU Back in small along the 50 Day. $GM In trend. Never gave me a sell signal. $F Back to the 21 EMA $MSOS Tightening along the 50 Day. $ARLO Flagging along the 50 Day. $MOS Working $VALE Haven’t given up on you yet. $DIS Note the slope. $SONO Holding the 8EMA. $MA Daily flag.
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DAN: ...
$TME -- stopped out at 26.45 yesterday for 5.2% loss. Big spike down. I would not be holding this b/c I question the potential upside in this slop.
$TMO -- Stopped at 478.30 right at end of day. (at 3:58 pm). If it is up on Monday, might add back ... - ruskinq2: $TME of course it would pop right back up through the stop and hammer out a bottom, LOL
- DAN: Good morning. Futures are down just a bit this morning, despite retail sales coming in higher than expected. I think that, with each passing day, the market is increasingly looking forward to additional stimulus boosting buying power even further. ...
- bRobert: @DAN $RIOT $SHOP $PTON $TME $ZM $NIO WATCH for a potential bounce trade in SHOP I don't think the very strong WEEKLY is imploding The stock was extended on the daily so a technical pullback was not totally unexpected $1700+ longer term
- DAN: @bRobert $RIOT $SHOP $PTON $TME $ZM $NIO Hey bRobert. Yeah, I see what you see. Daily chart was very extended...but the weekly chart actually looks fine. For longer term holders, this pullback is probably a gift.
- CraigReynolds: $TME Seem all the indicator pointing down. Stop hit for a 3% loss.
- Explorer: $PTON $NIO $FROG $TME $ZM $PENN $NLY $NSC $TMO -- Some days it is better to take the dog for a walk.......
- tartan: @Explorer $PTON $NIO $FROG $TME $ZM $PENN $NLY $NSC $TMO I hear u bro
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scottrades: ...
Watching $BABA for potentially a move higher, it pulled back intraday the other day but didn’t break it’s trend. Also while in China watch $TME for a move over 27.50 on volume.
#Solar stocks are also starting to tighten up a bit. Keep ... - DAN: Adding Tencent Music Entertainment ($TME) to the active trade list. Basis: 27.90 Stop: 26.45 --Dan
- Bwhitty: @DAN $TME I like it, been smacking against 27 for weeks.
- Pgru: @DAN $TME Hi Dan, maybe a quick explanation why? No squeeze, high above 50-day, low volume... maybe other criteria? Thanks
- tommymac: @Dan @Pgru $TME what he said?
- DAN: @Bwhitty $TME Yeah, it's squeezing from a fairly high level (I like to trade the ones that squeeze closer to the 50-day moving average), but I think this can work, and I've got a stop on it that's logical -- just below today's intraday low. So it's pretty simple to manage risk via position size.
- DAN: @Pgru $TME It's been trading in a fairly tight range over the past few weeks and it broke out above the Feb 2nd high. And the trading volume is 274% higher than the average volume today. That's pretty good. ;-)
- Pgru: @DAN $TME Thank you, I can see clearer now! :-)
- DAN: @Pgru $TME Sure. Important to understand the logic behind what you are trading. Glad you asked the question. It's not sound methodology to base a trade on "Dan recommended it." or "bRobert likes it and he's been doing really really well." or "Champ is trading it, and he seems like a pretty smart guy." (Jury is out on that one though... [Just kidding, @Champ]). The only way you will LEARN is to understand WHY you are making a trade. If you're not understanding why you're making a trade, then you're just trying to make money without understand exactly how you're doing it. It's just one step better than purely guessing. Dan
- scottrades: $TME looking good into the close here. Slightly off the highs, but curling up.
- humble: @scottrades $FTCH $TME Too late?
- humble: @scottrades $ZI ......$FTCH $TME Too late?
- scottrades: @humble $ZI $FTCH $TME You'd need a wide stop. Consider a stop around the LOD
- scottrades: My #Swing Notes: $SPY Wait for the base. $QQQ Heavy Distribution #Bitcoin In Elon We Trust? $UUP Firming up $ZI Keep an eye on this one $FTCH Holding the 50 Day $JMIA Daily trend is fine but lots of upper wicks $ARLO Tough day for breakouts $NVCR Right at the 50 Day. Look for some strength $ROKU At support $NLS Holding in trend. $SNAP Tight $TME Watch 27.70
- spmeyers: @markflour $WGO $SPX $DIA $DJT $NDX $CLOU $FFTY $TME $BIDU $Z $VICI $TWLO $FOCS $FB $PENN $DKNG $TCEHY $CPRT $TPX $DOCU $CDNS $XHB $AEYE $STMP if it hits our trigger then buy and evaluate what to do on Thursday; Dan's approach with earnings is to hold some stock if you already have a profit cushion; pre-earnings run is a good sign but no guarantee
- markflour: Hi Dan, Regarding $WGO. It reports earnings in a week(12/18/20). Should that influence buying decision if it breaks out before then? Love the forum filled with so many sharp people. Huge Thanks. Mark @DAN $WGO $SPX $DIA $DJT $NDX $CLOU $FFTY $TME $BIDU $Z $VICI $TWLO $FOCS $FB $PENN $DKNG $TCEHY $CPRT $TPX $DOCU $CDNS $XHB $AEYE $STMP
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DAN: ...
$TME -- breakout from $17 going to 20?
AT List:
$BIDU -- Rocking!
$Z -- sold, but still in Phase 1. Good volume. Going higher.
$VICI -- Weak hand setup. Tightening at $25. Stop should be below 50-day MA
$TWLO -- Still going. Up 15%.
$VICI -- w ... - Auto: $TME started position giddy-up
- Auto: $TME didn't think it could hit $20 today long all good 8>)
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DAN: ...
$TME -- Great breakout above $18. I would be taking partial profits, and would be raising my stop to below $18. Stock is ramping...and a failure and reversal back to below $18 would really negate the trade.
$SNOW -- Peak was yesterday. Now, backin ... - Auto: $TME strong added
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DAN: ...
$TME -- $18 resistance from Juily. This is a cup & handle.
$TXG -- Watch this. Consider buy-stop at $154.50.
$Z -- Squeezing on a daily and weekly chart. Stop below $104 (12/2 low).
- traderbren: #Weekly_charts: some stocks to keep an eye on and set alerts based on their weekly charts. $SWKS, $AN, $FND, $TENB, $MEDP, $ICHR, $ETSY, $AMD, $LOGI, $PYPL, $CDNS, $VIPS, $HOLX, $AMKR, $DDOG, $JD, $SHOP, $TME, $VRT, $GMAB, $EXPI, $RMD, $GOLF, $OKTA, $PFSI, $BERY, $CHGG, $OMI, $NGVC
- ReneeH: @lostsheep #forum watching $TME for continuation today.
- Bridget: $TME hammer on the day after bouncing off previous lows
- Reif99: Watching $TME for a break above 16.13 . Long
- Yuls: $TME nice set up, some volume coming in, ER 8/10
- traderdl: $TME ath - mentioned yesterday - buyer Aug 19c
- traderdl: $TME - Aug 19C buyer - hod
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champ: ...
.....It is also real easy to see that the markets are working. What is not easy, is being in the right stocks. It is a stock pickers-market and rotation is happening daily. This is also a #Trading-Market, while holding core investment positions.
... ... - champ: $BIDU $IQ $TME...all HOD, China, will be signing on 1/15. Also still holding $JD $WB and $KWEB.
- champ: $TME, looks like investors like this China, stock also.
- champ: $FXI $KWEB $WB $BIDU $JD $IQ $TME , HOD, looks like a lot of China names are breaking-out. I'm holding swing positions in these stocks. I missed $BABA.
- Wykeman: @champ $FXI $KWEB $WB $BIDU $JD $IQ $TME $BABA $YY $SOHU. Also chinese moving. $YINN
- champ: @Wykeman $FXI $KWEB $WB $BIDU $JD $IQ $TME $BABA $YY $SOHU $YINN,... .....Yes, everything is moving...and it sure looks like names in this sector, is the place to be. I will be swinging my positions. All the Asia/Pacific investors and traders will be #following our markets tonight,....then all the markets in Europe, in the morning. .....Risk-On, for now...even $EEM and $EWZ, are both moving. .....It is all about the new trade-deals, working for 2020. The planners, can now plan. Phase 1, is better than nothing. Plus the USMCA, is double the China trade size. ......However there still are, the believers and the non-believers, the Bulls and the Bears and that will never change....plus the watchers, are still slowly moving in.
- champ: $TME, this seems to be working, for now, but everything is dancing around.
- baronp0329: Some earning for the week of Nov 11-15 $NVDA $WMT $CRON $CGC $CSCO $ACB $OSTK $DHI $NEPT $TLRY $JD $FOLD $GOOS $TSN $AAP $SWKS $JCP $AMAT $LK $CBS $SE $NBEV $DXC $HUYA $TME $YY $CGEN $CTEK $QRTEA $HIIQ $DF $WIX $TWOU $BEP $KEM $NOG $NTAP $SAGE $WB $VIAB $ROK $RETA $GO $TDW $ERJ
- champ: $TME----OUT.....move off.
- champ: $TME/$KWEB @ $43.25....#Bounce-Candidates....and it looks like this China ETF, could be turning. Check-out the names that this ETF, is holding...$TME, is one that is turning. The China-News flow is has been improving, they announced new AG imports, over the weekend, Soybeans and other AG commodities price's are moving-up a little..and the U.S., is easing restriction on Huawei, was the new news today. Negotiations started back-up and a team will be heading back to China, within days, sometime soon...was the report. I will be swinging risk, in this sector. The markets in China, were up last night and could pick-up even more tonight, off of that Huawei, news. Spec-swings....$SOXL, is also reacting off of that news, posted earlier.
- gig1: $TME On the move with good volume. Added to position this morning. Good momentum short term play possibly.
- Kasey: @issues $CRC $INSG $VFF $CVM $TME I noticed that too. I just started the free trial of Leaderboard. I guess the IBD criteria for coming out of what they call "correction" is a bit stringent. However, I do see the futures are down premarket today. Let's hope our positions are safe.
Stock Price | $11.95 |
Change | 1.36% |
Volume | 5,063,510 |
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