Trade Idea for BYD (HKEX)
BYD (HKEX)
#BYD
The trend is bearish. The bullish wave structures are truncated. The Awesome Oscillator shows bearish divergence, while the Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell upon the formation of a new bearish wave structure, where wave (A) breaks below the ascending channel …