BYD Company Limited ($BYDDF)
BYD Company Limited, together with its subsidiaries, primarily engages in the research, development, manufacture, and sale of automobiles and related products worldwide. It operates through three segments: Rechargeable Battery and Photovoltaic Products; Mobile Handset Components and Assembly Service; and Automobiles and...
I like how this is playing out.
Inside an ascending channel.
From here, if the support holds (rectangle area) we might see another leg to the upside to test top of the channel.
If the support doesnt hold, we have the bottom of the trendline as support, if that fails, we see downside.
Watching it this week.
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
BYD may supply its "blade battery" to Tesla in the second quarter of next year.
BYD's new energy vehicle sales in July were 50,492 units, up 234 percent from a year ago and 22 percent from June.
So far this year, BYD has sold 205,071 new energy vehicles, an increase of 170.62 percent over the same period last year, it said in an announcement.
BYD sold 50,057...
Let's see what happens!
I won't be able to provide recent news and mission statements anymore. Please do your due diligence. Every chart I post outside of crypto will be from Berkshire Hathaways Portfolio.
Like, Follow, Agree, Disagree!
Can Trade under:
BYDDY - Foreign OTC (Expect ADR Fees)
BYDDF- Domestic OTC
(Don't take this as law)
Technological innovation for a better life
During the daytime, solar farms capture the power of sunshine;
at night, energy storage systems deliver power to families.
Electric vehicles on the streets and SkyRail systems along green belts
connect the city...
BYD has recently been more in the spotlight due to the heated EV Space.
With BYD's superior financials and profitablity due to its wide range of products, the fundamental value that is strong and view pullbacks as entries to buy this a piece of this wonderful company.
The real Tesla of China? It's not $NIO.
$BYDDF. A BUY signal flashed Friday afternoon, bouncing off Fibonacci level.
This stock is on WATCHLIST, waiting for it to see rise above $27 to confirm an upward trend.
BYD Auto has the highest sales than NIO, LI, or Xpeng.
And having Warren Buffett as a primary investor is a big plus. Earnings coming up March 30th.
Happy Sunday! I am looking for gambling sector to break out here after the Super bowl and PENN earnings last thursday. The options flow is very bullish with February put call ratio at .34, March P/C ratio at .32. The highest OI is in the Feb $65 calls and March $70 calls. Feb 4th, DKNG agreement with the National Football League (NFL) to expand their current daily...
After a double top pattern formed, BYD might see some near-term correction. I do think a pullback to the trendline is possible, where the 76% fib retracement join 127% fib extension. BUt the general bullish trend might persist, good entry to buy from !
BYDDY Continues to be overlooked in the United States.
I originally provided information about BYD June 29th when the price was approx $15. Still a solid time to enter even now, Just need to find the entry point/
It usually follows the 50EMA, seems kind of over-extended right now, it should drop back to $38-$39.
Accounted for over 15% of all BEV's IN...