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.
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The price fall below the stop loss price (25 HKD) with high selling volume, it is suggest to execute stop loss for the trade and wait for next potential opportunity.
Still can hold the position as long as the price stay above 25. With current position of 26.75, it is approximately 6.80% from the stop loss point (25) which consider manageable risk. However if the price move below 25, it is recommend to execute stop loss and waiting for the next opportunity to come.
Still can hold the position as long as the price stay above 25. With current position of 26.75, it is approximately 6.80% from the stop loss point (25) which consider manageable risk. However if the price move below 25, it is recommend to execute stop loss and waiting for the next opportunity to come.