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)

# 💰 Stocks to watch today?(26 Apr)

Modify on 2022-11-22 21:31

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  • MortimerDodd
    ·2022-11-25
    Buffett's move is certainly worth paying attention to.
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  • Maria_yy
    ·2022-11-25
    BYD's performance these days is simply disappointing.
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    • LMSunshine
      Care to share why you think it’s disappointing?
      2022-11-27
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  • ElvisMarner
    ·2022-11-25
    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
      2022-11-27
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  • WayneEvans
    ·2022-11-22
    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😅
      2022-11-22
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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?
      2022-11-22
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  • DonnaMay
    ·2022-11-25
    Can TSLA go down to 150?
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    • LMSunshine
      Maybe…i was waiting for $150 but it rebounded from $166
      2022-11-27
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  • HilaryWilde
    ·2022-11-25
    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
      2022-11-27
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  • JohnnyYoung
    ·2022-11-22
    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%
      2022-11-22
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  • Dodonan
    ·2022-11-24
    K
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    • LMSunshine
      Thanks for your continual support, appreciate it loads🥰
      2022-11-27
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  • carroll
    ·2022-11-23
    Halo
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    • carroll
      Yo
      2022-11-23
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  • Punk_dy
    ·2022-11-23
    Good read
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  • Zlatan
    ·2022-11-23
    k
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  • Lucky Antz
    ·2022-11-22
    Nice share
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    • LMSunshine
      Thanks🥰 If you enjoy reading my post, you can follow me and be updated whenever I post🤓
      2022-11-22
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  • alod
    ·2022-11-22
    okie
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  • Sunday128
    ·2022-11-22
    Okay
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  • Pila
    ·2022-11-22
    [Smile]
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  • bossbaby
    ·2022-11-22
    Ok
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  • Alexsj2021
    ·2022-11-22
    k k
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