Build Your Dreams (BYD): HKEX:285 After closely examining the Chinese electric vehicle manufacturer BYD, we've concluded that there is a very appealing and interesting opportunity to start building positions. We are currently in an overarching Wave III. Wave II concluded at the low of 13.20 HKD, and the all-time high is currently at 63.10 HKD. We are now...
Hong Kong BYD Electronic (285) is breaking resistant price 26.35 HKD. With strong purchase volume on the bottom area (refer to "Main Support Cost Area"), it is high potential BYD is on up trend. If the price fall below stop loss line (25 HKD), execute stop loss.
Im long in BYD, So this is just to keep track of the stock.
Just another example. This one is the most I have seen so far. Factors could be bigger wave %, same general trend. Included commission fee. Modified Sell Signal Actions Switch between 3min, 45min, 1day, 1week for different stocks
BYD break through $11.72 , then will soar
After you have read a few charts from my previous topics such as “Midas Touch strategies”, you should know that you will buy stocks in rising industries. 2018 & 285 are categorized as InfoTech(Hardware&Equip) Industry by VectorVest. We are now comparing the performance in the last month i.e. 7-Jun to 7-Jul HKEX: 2018 You may see there are 3 unhappy face symbols...
285's momentum is so strong that it cant be shorted, only if the trend turns negative. Better wait for the first retracement before Long.