TME Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: TME could experience growth driven by an increase in streaming demand and call options activity suggesting optimism. Positive earnings revisions could support price increases.




Bearish Case: TME faces downward pressures from historical performance and high implied volatility in options, indicating market uncertainty and potential bearish sentiment in the near term.




Potential Outcomes:

1. Price rises to $12 (40% chance);

2. Stabilizes around $10 (30% chance);

3. Drops to $9 (30% chance). Historical trends and current market factors inform these scenarios.




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November 15, 2024


Tencent Music Entertainment Group - Forecast

TME        Tencent Music Entertainment Group -











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