A moderate bullish bias is applicable above 51500. Technical score: +1 The price action is testing the upper range of the falling wedge pattern. A bullish MACD crossover on the daily time frequency might assist further upside potential. Upside price momentum support the bullish trend. Only a price action below 51700 will reverse the bullish trend direction. Upside target: 52300. Downside target for a break below 51700 will be 51300. • Tencent, a proxy for Naspers is up 0.1% this morning.