🚀 BYD Company Limited Class A (SZSE: 002594) — Wave 5 Expansion Setup
Big structure, clean levels, and solid fundamentals… Wave 5 might surprise a lot of people 👇
BYD has been quietly building strength, and the chart now suggests that the next major bullish wave could be setting up. After a long consolidation phase (Wave 4), smart money appears to be accumulating again — a classic sign of preparation for the next impulsive move.
A clean breakout above 138.99 would confirm Wave 5, potentially targeting the 284–676 CNY zone based on Fibonacci extensions.
With solid fundamentals, supportive market structure, and a strong Elliott Wave setup, BYD could be entering a new long-term expansion phase. ⚡
Follow for updates on Wave 5 development and smart money reactions in the breakout zone! đź“Š
#BYD #002594 #ElliottWave #SmartMoneyConcepts #Fibonacci #WaveAnalysis #MarketStructure #PriceAction #EVstocks #GrowthStocks #ChinaMarket #LongTermInvesting #SwingTrade #TechnicalAnalysis #StockMarket
Big structure, clean levels, and solid fundamentals… Wave 5 might surprise a lot of people 👇
BYD has been quietly building strength, and the chart now suggests that the next major bullish wave could be setting up. After a long consolidation phase (Wave 4), smart money appears to be accumulating again — a classic sign of preparation for the next impulsive move.
A clean breakout above 138.99 would confirm Wave 5, potentially targeting the 284–676 CNY zone based on Fibonacci extensions.
With solid fundamentals, supportive market structure, and a strong Elliott Wave setup, BYD could be entering a new long-term expansion phase. ⚡
Follow for updates on Wave 5 development and smart money reactions in the breakout zone! đź“Š
#BYD #002594 #ElliottWave #SmartMoneyConcepts #Fibonacci #WaveAnalysis #MarketStructure #PriceAction #EVstocks #GrowthStocks #ChinaMarket #LongTermInvesting #SwingTrade #TechnicalAnalysis #StockMarket
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.