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BYD Trading Analysis (29/11/2024)

The trend is ascending. The downward inner truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

BYD Co Ltd. stock price analysis

Trading idea:

  • Buy at the breach of 254.80
  • Stop-loss at 247.80.
  • Price targets at 265.20 and 294.20.

#byd #stock #stocktrading #tradingstrategies #tradingmt5

Penulis: GC

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