First off, please don't take anything I say seriously or as financial advice. As always, this on opinion basis. That being said, let us get into a few of my key points. Looking at the three drives pattern and current past correlations, I think the positive outlook conservatively for TME is a $12 target. Other things to keep in mind is that TME been called "China's Spotify", amongst other things and have potential in the market segmentation they are trying to target. They also peaked past the $18 price point, and the negative correlation wave seems like it will pop any time now.