CFD Trading – Buy BYD Company (1211.HKE) at $231.80. Stop at $217.10 and Target at $263.80.

BYD COMPANY   Stock Code 1211.HKE


The chart outlook has turned bullish as price broke and closed above the cloud yesterday. There is a bullish conversion and base lines crossover that hints at potential upside ahead. The lagging span is above the cloud and the price of 26 days ago, confirming the uptrend. MACD is bullish and is rising. We are likely to see price moving higher towards HK$263.80 in the next 1-2 weeks.


$231.80              Buy

$263.80              Price Target

$217.10              Risk Management Stop

2 weeks              Trade Duration

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