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AAPL 198.3455 4.1621% MSFT 389.1451 2.0441% NVDA 110.43 2.6587% GOOGL 156.66 2.5128% GOOG 159.005 2.3396% AMZN 184.0298 1.5505% META 541.29 -0.9153% AVGO 180.46 4.7359% LLY 728.565 1.0619% TSLA 248.7306 -1.4538% TSM 157.44 4.1752% V 334.18 2.9482% JPM 237.7 4.6629% UNH 601.395 1.1768% NVO 64.53 5.424% WMT 92.6206 2.219% LVMUY 120.59 2.143% XOM 103.37 3.4424% LVMHF 608.15 3.0763% MA 511.0484 2.3448%

blue-chip

One NYSE- Listed Movies & Entertainment Stock at Resistance Level: TME

Apr 04, 2025 | Team Kalkine
One NYSE- Listed Movies & Entertainment Stock at Resistance Level: TME
Image source: shutterstock

TME:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Tencent Music Entertainment Group (NYSE: TME)

Tencent Music Entertainment Group (NYSE: TME) is a holding company focused on operating an online music entertainment platform. It offers a range of services, including online music streaming, social entertainment, and other related offerings. The company manages four major brands—QQ Music, Kugou Music, Kuwo Music, and WeSing—through which it delivers music and social entertainment experiences tailored to the needs of audiences in China.

As per our previous US Dailies report published on ‘TME’ on 18th March 2025, Kalkine provided an ‘Buy’ stance on the stock at USD 13.06 based on fundamental analysis and the stock price has now moved by ~9.65% since then and is trading above resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions  and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

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