Based on technical Analysis, the idea is to go long as per major trend. Buffett's Berkshire Hathaway (BRKB) bet big on BYD as far back as 2008, just five years after Tesla was founded and the same year that Tesla revealed its first EV, the Roadster. Buffett now owns a 25% stake in BYD, whose shares have quadrupled this year. NYSE:BYD
Pattern only valid at long entry level There are rising edges in this chart and BYD pierced trendline at 28ish and went back to recover for now OBV is high I see a NV increase on hourly 20 year high is 59.25 T2 73.5 to 84 (long term) and these may or may not be met. It depends on momentum of the stock. Often best to focus on long entry level and targets one...
Hey traders, BOYD GAMING CORP is in a bullish movement with high volume buying and a large shadow of buyers made. In the TIMEFRAME 1Min we can see a bull hammer candle which rebounded on the Vwap. It is plausible that we are headed for the next higher and if the buyers are still in the game. We are going to fill the bullish gap after a great resistance to pass...
Hello Traders! After bouncing off of the 200 SMA in June and recovering from its low, the price of BYD is gaining a lot of upward momentum again. The MACD has recently crossed over the 9 EMA and looks very positive. The RSI is a good bit away from overbought, and the 50 SMA has crossed over the 100 SMA, as it will cross over the 200 SMA quite soon. My bet is that...
Daily & Weekly charts look great, especially the weekly chart. Volume is Bullish PMO is Bullish MACD is Bullish Stochastic is Bullish Sector is Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
$BYD Peak resistance: @22.88 Watching for bounce back @ $19.64 Entry: $19.64 Stop loss: $17.64 Limit sell: 21.07 Notes: This particular casino stock is up 57% in 9 days. In the words of Jerome Powell: A healthy correction is needed. Waiting that RSI is now over 70 (overbought zone) I understand that boyd casinos are opening on June 4th. these a possibility it...
Possible long entry @ approx $18.50 Upside target to $21.50 Gap in volume resistance Company has announces that it intends to open 7 properties in Louisiana. Bullish ascending triangle formed.
US Casinos stocks are about to make 2008 look like a correction. Let me explain: US culture is not European culture, nor is it Asian culture. This is why I don't want to touch casino operators that derive most of their revenue from Macau, like Las Vegas Sands (70% of revenue is generated in Macau). Asians are comfortable wearing masks and do not have high rates...
Rejection at Second resistance Line. Will likely retest $17.75 in near future
Contextual immersion trading strategy idea. Boyd Gaming Corporation has a strong downside trend. Due to the downside market trend and spread of the COVID-19, the demand for casino services fell. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $8,79; stop-loss — $9,71. Information about...
Short it when rejected from any of those trend lines. It can touch the top trend line on good earnings.