14.08.2020
#BYD (HKEX)
The overall trend is upward. The support level of 71.00 is holding back sellers. Stochastic Oscillator indicates an oversold condition. A start fractal has formed above the 135 moving average, followed by a signal fractal. A breakout ofthe start fractal will result in the formation of an ascending pattern of 1-2-3 within the overall upward movement.
Trading recommendations:
Buy above 75.00.
Stop Loss: 71.00.
Target levels: 79.35; 89.50.
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