In my video on $BYD COMPANY(01211.HK)$, I mentioned that the stock is nearing a strong resistance level at 218.
Price was nicely resisted, and headed lower towards 207.40 at the time of writing.
If traders are to trade a short DLC when $BYD COMPANY(01211.HK)$was at 218, an estimated price of $BYD 5xShortSG241209(DWOW.SG)$ was trading around 0.55.
One day later, when the stock price fell to 207, the same DLC wa...

The recent rise of $XIAOMI-W(01810.HK)$ Xiaomi stock (up 12% in a single day driven by the launch of Xiaomi EV model on March 28, 2024) gave a boost to the $Hang Seng TECH Index(800700.HK)$. Many EV stocks like $BYD COMPANY(01211.HK)$ and $LI AUTO-W(02015.HK)$ recovered as well.
In this video, I will analyse BYD if it signals a comeback for other beaten-down Chinese electric vehicle (EV) companies. We'll explore whether BYD is poise...