BYD ELECTRONIC Stock Code 0285.HKE
The outlook of this stock is positive as price is trading above the cloud. There was a slight pullback after creating a high at HK$34.05, but this correction was supported by the Base line. Price also created a rising window during the last trading session, hinting at the upward strength. MACD is bullish both its high above the zero line. We look toward price moving higher towards the Ichimoku V-projection target price at HK$42.80, if it can surpass its high of HK$34.05.
$42.80 Price Target
$29.40 Risk Management Stop
2 weeks Trade Duration