22/11 📰:Buffett Sells BYD + TSLA XPEV NIO Support Levels to Watch🕵🏻‍♀️🕵🏻‍♂️

Buffett owned Berkshire has sold 3.23 million 🇭🇰-listed shares of electric vehicle maker BYD (002594.SZ) for HK$630.33 million ($80.67 million). The sale lowered Berkshire's holdings in BYD's total issued H-shares to 15.99% on 17 Nov, down from 16.28% according to a filing to the 🇭🇰 Stock Exchange today. BYD dropped over 3% and other Chinese EVs dropped over 4-6% in 🇭🇰 today. At the time of writing, all Chinese EVs are also under selling pressure & in the red dropping 2-3%😰😰😰 $XPeng Inc.(XPEV)$ 

$Tesla Motors(TSLA)$ Bearishhit ANOTHER 52-Week Low $167.54🪨🪨🪨 yesterday (21/11) as recalls of Tesla vehicles intensified sell-offs🔥🔥🔥 The major support point to watch tonight is $161.50👀 If TSLA breaches this support, it will head towards 150+🥵🥵🥵 

XPEV broke its 1st support level $7.10 yesterday and is currently trading near this support level at pre-market. It’s looking like it will go below 7.10 tonight…

NIO is doing slightly better and trading above its support level of $9.71 at pre-market. 

🤔💭My Thoughts:

‼️ Investors now await the release of minutes from the Fed's Nov meeting on 23/11(Wed), which has great influence to send the markets down📉📉📉or up📈📈📈

⚠️ Traders are widely betting on a 50bps hike in the Dec, with a peak for rates expected in June. Any deviation in the meeting minutes from this will cause a market sell-off.

Fellow 🐯🐯🐯 Do keep a close watch on the market once Fed minutes are released & react accordingly🤓 

Please help to click on the “Like” & “Share/Repost” buttons, so that more 🐯🐯🐯 can access these information & we can all benefit together❣️Many thanks🤗

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰

Source Websites: Reuters & Barchart

@TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion (22/11)

# Share Trades to Win Coins! (2 Dec)

Modify on 2022-11-22 21:31

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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  • Buffett's move is certainly worth paying attention to.
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  • DonnaMay
    ·11-25
    Can TSLA go down to 150?
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    • LMSunshine
      Maybe…i was waiting for $150 but it rebounded from $166
      11-27
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  • Maria_yy
    ·11-25
    BYD's performance these days is simply disappointing.
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    • LMSunshine
      Care to share why you think it’s disappointing?
      11-27
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  • Does this mean Buffett is not bullish on the EV industry?
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    • LMSunshine
      Not sure…but he’s known to take profits when needed
      11-27
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  • I didn't think Buffett would sell BYD.
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    • LMSunshine
      Not surprised that he sold as profit-taking is norm for investing. I‘m just surprised he sold so early as EV sales just started
      11-27
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  • How many shares does he still have with BYD?
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    • LMSunshine
      The sale lowered Berkshire's holdings in BYD's total issued H-shares to 15.99% on 17 Nov, down from 16.28%
      11-22
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  • WayneEvans
    ·11-22
    Is someone really following on what Buffett do??
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    • LMSunshine
      But have to be careful when you follow him-when he sells, the stock will drop so once a certain level of profit I will sell first😅
      11-22
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    • LMSunshine
      For me-I won’t hold what he sells. What he buys, I will consider. He’s a value investor-whatever he sells means he sees less value?
      11-22
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  • Dodonan
    ·11-24
    K
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    • LMSunshine
      Thanks for your continual support, appreciate it loads🥰
      11-27
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  • carroll
    ·11-23
    Halo
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  • Punk_dy
    ·11-23
    Good read
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  • Zlatan
    ·11-23
    k
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  • Lucky Antz
    ·11-22
    Nice share
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    • LMSunshine
      Thanks🥰 If you enjoy reading my post, you can follow me and be updated whenever I post🤓
      11-22
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  • alod
    ·11-22
    okie
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  • Sunday128
    ·11-22
    Okay
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  • Pila
    ·11-22
    [Smile]
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  • bossbaby
    ·11-22
    Ok
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  • Alexsj2021
    ·11-22
    k k
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