BYD Trading Analysis (29/11/2024)
The trend is ascending. The downward inner truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trading idea:
- Buy at the breach of 254.80
- Stop-loss at 247.80.
- Price targets at 265.20 and 294.20.
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