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Is TME ready to move higher? 20 Day Moving Average Support shows up after a flat session

Tencent Music Entertainment Group (TME) — Daily Technical Analysis & Swing Trading Signals · Jul 23, 2026, 17:43 ET
TME posted no change on Thursday, July 23rd, with volume running at 0.2× normal levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 8.68, 8.58 & 8.5, with resistance at 8.85, 8.93 & 9.03.

Current SwingTradeBot Technical Rating of TME: D

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