Potential Bullish momentum for 1211 BYD ?

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Potential Bullish momentum for 1211 BYD ?

mchongmy
2022-06-08

hi guys! anyone looking to go long for $BYD COMPANY(01211)$ ?

With price moving above the ichimoku cloud on the H4, we have a bullish bias that price will rise from the buy entry at 280.2 in line with the 38.2% fibonacci retracement at the overlap support to the take profit at 323.6 at the swing high. Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection.

Let me know what you guys think!

Buy entry:280.2[Smile]

Take profit:323.6[Miser]

Stop loss: 253.2[Cry]

if you wish to leverage on this, consider using DLCs:

$BYD 5xLongSG230202(DLCW.SI)$

$BYD 5xShortSG230202(DZWW.SI)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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nelson21
·2022-06-08
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Ronmac
·2022-06-08
Netter
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FreePrincess
·2022-06-08
Ok
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popcorntan
·2022-06-08
nice
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Kazren
·2022-06-08
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Eric2166
·2022-06-08
ok
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Michaaeel
·2022-06-08
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FooTY
·2022-06-08
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Aaronykc
·2022-06-08
[Happy]
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cozyli
·2022-06-08
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erichosk
·2022-06-08
ok
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HBunny
·2022-06-08
Nice
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Sean79
·2022-06-08
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Wei Yang Tay
·2022-06-08
Good read
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MGOH
·2022-06-08
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mikelin
·2022-06-08
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·2022-06-08
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Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection.Let me know what you guys think!Buy entry:280.2[Smile]&nbsp;Take profit:323.6[Miser]&nbsp;Stop loss: 253.2[Cry]&nbsp;<img src=\"https://community-static.tradeup.com/news/b60fbbe4bfdb6485438443ae00d4898a\" tg-width=\"632\" tg-height=\"339\">if you wish to leverage on this, consider using DLCs:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DLCW.SI\">$BYD 5xLongSG230202(DLCW.SI)$</a>&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DZWW.SI\">$BYD 5xShortSG230202(DZWW.SI)$</a>&nbsp;</body></html>","htmlText":"<html><head></head><body>hi guys! anyone looking to go long for&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/01211\">$BYD COMPANY(01211)$</a>&nbsp;?&nbsp;With price moving above the ichimoku cloud on the H4, we have a bullish bias that price will rise from the buy entry at 280.2 in line with the 38.2% fibonacci retracement at the overlap support to the take profit at 323.6 at the swing high. Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection.Let me know what you guys think!Buy entry:280.2[Smile]&nbsp;Take profit:323.6[Miser]&nbsp;Stop loss: 253.2[Cry]&nbsp;<img src=\"https://community-static.tradeup.com/news/b60fbbe4bfdb6485438443ae00d4898a\" tg-width=\"632\" tg-height=\"339\">if you wish to leverage on this, consider using DLCs:&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DLCW.SI\">$BYD 5xLongSG230202(DLCW.SI)$</a>&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DZWW.SI\">$BYD 5xShortSG230202(DZWW.SI)$</a>&nbsp;</body></html>","text":"hi guys! anyone looking to go long for $BYD COMPANY(01211)$ ? With price moving above the ichimoku cloud on the H4, we have a bullish bias that price will rise from the buy entry at 280.2 in line with the 38.2% fibonacci retracement at the overlap support to the take profit at 323.6 at the swing high. Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection. Let me know what you guys think! 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