Tencent [700] vs Apple

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chart 1 - apple reaching 600
chart 2 - tencent [stock code 700] reaching 600
chart 3 - apple reaching 700 after a steep correction at 600

tencent is a china stock that is the favorite among fund managers and as hedged derivatives for investment banks.

can you tell the difference between apple and tencent from the chart, looks similar hah.

the road ahead for tencent will begin to look rough as 700 is going through the J curve phenomena that apple endured when it is the darling of the stock market. it must keep on rising faster to make it look attractive thus every stock will go through the J curve phenomena when it becomes a favorite in a sector or in a market.

if you have been investing in 700, do some hedge. if you want to invest in 700, you are warned here that the return on investment does not look so attractive from now on unless you see a steep correction, still then, the last leg up will be fast and the drop as well, so you must be contented with making returns that are not 10/20 folds, the time to make easy money has passed, but only in percentage terms of 20/30.