# Tencent (TENCENT) — Elliott Wave count, Nov 6, 2026

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).

Source: https://elliottwaveatlas.com/markets/tencent · Data: https://elliottwaveatlas.com/data/markets/tencent.json

## Called count
Primary 2 of cycle V is an unfinished zigzag. Invalid above 497.8.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↑ | cycle V up from HK$188.63 (2022-10), in progress | 1,261.43–2,787.65 | 188.63 | 2027-04-24 → 2042-09-16 |
| Weekly | Primary ↓ | primary 2 of V down from HK$683.00 (2025-10), a zigzag in progress | 308.37–358.93 | 683 | — |
| Daily | Intermediate ↓ | intermediate (C) of primary 2 down from HK$497.80 (2026-08-05) | 218.86–299.55 | 497.8 | 2026-11-14 → 2027-10-11 |
| Hourly | Minor ↓ | minor 3 of (C) down from HK$463.40 (2026-09-22 10:30 HKT), extending | 295.14–350.64 | 463.4 | 2026-12-02 → 2026-12-02 |
| 15-minute | Minute ↓ | minute iii of minor 3 down from HK$431.20 (2026-11-05 15:45 HKT), in progress | 306.42–349.13 | 431.2 | 2026-11-08 → 2027-01-06 |


## Recent changes to the call
- 2026-10-16: new — primary 2 zigzag unfinished, (C) toward HK$299.55-308.37

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