---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42720479.md"
description: "Tencent edged higher to close at HKD 484, effectively stepping over the recent high of the past month or so — holding above 480 means the pressure from the previous consolidation zone is considered overcome; on a pullback, first watch the previous support platform around 460, and if that's lost, then we can talk about a trend turning bearish.$Palantir Tech(PLTR.US) barely moved all day, consolidating sideways with low volume around $133, just a step away from the previous high. Low volume at high levels indicates no urgency to unload holdings, but also no chasing of prices — it's a waiting game before a breakout; the recent low of 127 is the short-term observation bottom line — reduce positions first if it breaks."
datetime: "2026-07-16T11:00:53.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42720479.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42720479.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42720479.md)
author: "[卡拉比](https://longbridge.com/en/profiles/28922770.md)"
---

# Tencent edged higher to close at HKD 484, effectiv…


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