The weekly overlay view of Naspers (JSE) and Tencent (Hong Kong) indicates an enduring correlation of the patterns. The recent dips have not yet encroached their respective previous lower order 4th waves located at, for Naspers the 50% and for Tencent the 61.8% retrace level of C1. The recent dips have been retraced by 100% for Naspers and by 61.8% for Tencent.
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