$BYD COMPA_老虎社区_美港股上老虎

$BYD COMPANY(01211.HK)$

Hey guys! Anyone eyeing on $BYD COMPANY(01211.HK)$? Prices abiding by a descending trendline and are on bearish momentum. We see the potential for dip from our sell entry at 227.4 which is a graphical overlap. Probably going to short to our Take Profit at 203.6 in line with 38.2% Fibonacci retracement. I'll have my stop loss potentially at 232.8 in line with 78.6% Fibonacci projection. Prices are trading below the ichimoku clouds, further supporting our bearish bias.

Entry: 227.4

Take Profit: 203.6

Stop Loss: 232.8

What do yáll think?

$BYD 5xLongSG220315(DJFW.SI)

$BYD 5xShortSG221115(MHLW.SI)

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