{"symbol":"TENCENT","slug":"tencent","name":"Tencent","group":"China & HK","asof":"2026-11-06","price":419.8,"scale":"log","headline":"primary 2 zigzag unfinished","trend":"up","swing":"down","invalidation":497.8,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"primary 2 of cycle V is an unfinished zigzag","structure":"","next":"","window":null,"invalid_if":{"price":497.8,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"up","wave":"cycle V up from HK$188.63 (2022-10), in progress","target":{"low":1261.43,"high":2787.65},"invalidation":188.63,"window":{"from":"2027-04-24","to":"2042-09-16","likely_from":"2027-06-18","likely_to":"2035-02-01"}},{"timeframe":"Weekly","degree":"Primary","direction":"down","wave":"primary 2 of V down from HK$683.00 (2025-10), a zigzag in progress","target":{"low":358.93,"high":308.37},"invalidation":683,"window":null},{"timeframe":"Daily","degree":"Intermediate","direction":"down","wave":"intermediate (C) of primary 2 down from HK$497.80 (2026-08-05)","target":{"low":299.55,"high":218.86},"invalidation":497.8,"window":{"from":"2026-11-14","to":"2027-10-11","likely_from":"2027-01-05","likely_to":"2027-04-29"}},{"timeframe":"Hourly","degree":"Minor","direction":"down","wave":"minor 3 of (C) down from HK$463.40 (2026-09-22 10:30 HKT), extending","target":{"low":350.64,"high":295.14},"invalidation":463.4,"window":{"from":"2026-12-02","to":"2026-12-02","likely_from":null,"likely_to":null}},{"timeframe":"15-minute","degree":"Minute","direction":"down","wave":"minute iii of minor 3 down from HK$431.20 (2026-11-05 15:45 HKT), in progress","target":{"low":349.13,"high":306.42},"invalidation":431.2,"window":{"from":"2026-11-08","to":"2027-01-06","likely_from":"2026-11-11","likely_to":"2026-11-29"}}],"answer":"Tencent (TENCENT) Elliott Wave count at the Nov 6, 2026 close (price 419.8): the called count is primary 2 zigzag unfinished. It is invalid above 497.8. On the daily chart, intermediate (C) of primary 2 down from HK$497.80 (2026-08-05), targeting 299.55 (invalid above 497.8).","markdown":"https://elliottwaveatlas.com/markets/tencent.md","history":[{"date":"2026-11-06","price":419.8,"status":"held","headline":"primary 2 zigzag unfinished"},{"date":"2026-11-05","price":430.4,"status":"held","headline":"primary 2 zigzag unfinished"},{"date":"2026-11-04","price":401.6,"status":"held","headline":"primary 2 zigzag unfinished"},{"date":"2026-11-03","price":397.2,"status":"held","headline":"primary 2 zigzag unfinished"},{"date":"2026-11-02","price":392.2,"status":"held","headline":"primary 2 zigzag unfinished"},{"date":"2026-10-30","price":383.6,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-29","price":377.6,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-28","price":387.6,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-27","price":385.2,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-26","price":386.4,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-23","price":386,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-22","price":382.4,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-21","price":393.8,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-20","price":410.4,"status":"held","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"},{"date":"2026-10-16","price":417.8,"status":"new","headline":"primary 2 zigzag unfinished, (C) toward HK$299.55-308.37"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}