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BYD COMPANY LTD

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002594 trade ideas

Statistical arbitrage, Short Tesla high valuation, buy BYDThe prevailing pessimism surrounding China and Tesla's high valuation create an opportunity for a statistical arbitrage strategy. In this setup, you could short Tesla or buy puts, while hedging the risk of a potential uptick in EV sales by going long on BYD stock or purchasing call options. The goal is to achieve a 'market-neutral' trade by balancing the downside risk in Tesla with the potential upside in BYD. The following chart simulates potential returns if you shorted one Tesla share for each BYD share. The blue arrow is were i enter my trade for testing just with one short share of tesla at 260 and 9 shares of 1211 (BYD) at 237. let see how it plays out. Have I missed anything? NASDAQ:TSLA HKEX:1211 Thanks the atencion let me know if i missed something, thanks.(open for discussion) @Marcos_Camacho4
HKEX:1211Long
by Marcos_Camacho
BYD - What next post-earnings and the BoC's stimulus?HKEX:1211 has had a strong year in growth prospects, reporting solid earnings growth thanks to its robust EV sales and expanding footprint in international markets. The recent earnings beat highlighted an impressive increase in revenue, driven by the demand for both their electric and hybrid vehicles. But what we can notice is that the stock has only reflected this as a c.16% rise in price YTD. However, the question now is: where does BYD go from here? - More recently, the BoC's latest stimulus measures, including rate cuts and support for the real estate sector, could indirectly benefit BYD. With increased liquidity and consumer confidence, domestic demand for EV's could rise, especially if coupled with additional green energy incentives. - As for the earnings release, the markets reacted well, and with this new-found optimism in the markets, with both the SEE Composite Index SSE:000001 and the Hang Seng Index TVC:HSI up 5.78% and 9.28% in the past 5 days, is this the turn-around for China as a whole?
HKEX:1211Long
by FytaLO
1
75: BYD to Open Major Electric Vehicle Factory in TurkeyExciting times for BYD as the company announces a significant $1 billion investment to establish a major electric vehicle factory in Turkey. This strategic move is set to help BYD circumvent the recent EU tariffs on Chinese electric cars, creating 5,000 jobs and enhancing their production capabilities to 150,000 vehicles annually. This development not only strengthens BYD's foothold in the European market but also showcases their adaptability and long-term growth strategy. The chart is currently indicating an uptrend, which began after the price successfully reclaimed the $54.80 level. This reclamation has set a strong foundation for the current upward momentum. The price has also sustained above the high of $58.01, further solidifying this bullish trend. Holding above this level is crucial for the next phase of the uptrend. The immediate target for BYD’s stock is the $64.91 price level. Reaching this level will confirm the strength of the current trend and open up possibilities for further gains. Once the stock achieves the $64.91 mark, we can set our sights on the next significant target at $76.75. Breaking through this level could lead to even higher valuations, reflecting continued investor confidence and market strength. On the flip side, if the stock loses its grip on the $58.01 level, it could signal a reversal, with the next major support found around $43.48. Monitoring these levels is essential for adjusting trading strategies accordingly.
OTC:BYDDY
by SeventyFive-Invest
1211 - 5 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
HKEX:1211Long
by TheArtOfCharting
BYD: Engine Breakdown 🚘We consider the recent setback merely as part of the substructure of the magenta wave (1). This wave should lead to a sustained rise above the resistance line at HK$280.60. However, our 30% probable alternative scenario should also be noted. This would attest to the corrective nature of the upward movement that has been underway since February. Although the price should continue above HK$280.60 in this case, a significant sell-off should then set in, which would take the price to complete the green wave alt. below the support at HK$161.70.
HKEX:1211Long
by MarketIntel
BYD's Earnings Rollercoaster: Price Wars and Global DemandsIn a recent filing with the Shenzhen Stock Exchange, BYD Co. ( NYSE:BYD ) announced a robust surge in its 2023 net income, projecting an increase of 75% to 86.5% compared to the previous year. Despite this impressive growth, the company fell short of analyst expectations, sparking a 5.44% drop in NYSE:BYD shares and extending losses to roughly 37% over the past year. The complex dynamics of a price war in China, fluctuating global demand, and geopolitical tensions have shaped NYSE:BYD 's financial landscape, offering investors a unique narrative to decipher. I. Electric Vehicle Sales Triumph: NYSE:BYD 's ascent to become the top electric vehicle (EV) maker by sales in the final quarter of 2023, outpacing industry giant Tesla, marked a significant milestone for the Chinese automaker. Bolstered by soaring sales in China, NYSE:BYD delivered 526,409 fully electric cars, surpassing Tesla for the first time. The impressive feat was attributed to BYD's extensive lineup of more affordable EV models, highlighting the company's strategic positioning in the world's largest auto market. II. Price War Woes: Despite the stellar sales performance, NYSE:BYD faced the challenges of a price war in China's fiercely competitive EV landscape. In a bid to achieve annual delivery targets, the Shenzhen-based company implemented aggressive discounts, slashing prices on popular models like Qin, Han, and Tang by as much as 10,000 yuan. The impact of this pricing strategy has been reflected in NYSE:BYD 's earnings report, where net income fell short of the average analyst estimate. III. Geopolitical Scrutiny: NYSE:BYD 's success has not shielded it from geopolitical tensions, as the company finds itself under the European Commission's anti-subsidy investigation. Alongside two other carmakers, NYSE:BYD faces scrutiny to determine if state support from the Chinese government has provided an unfair advantage. Navigating this investigation adds a layer of uncertainty to NYSE:BYD 's future, as regulatory challenges could potentially impact the company's global operations. IV. Slower Growth Pace and Profitability: While NYSE:BYD 's net profit is expected to show a remarkable increase, the growth rate in 2023 is notably slower than the exceptional 446% surge witnessed in 2022. Despite fierce industry competition, NYSE:BYD emphasizes significant improvement in profitability and resilience, attributing its success to factors such as rapid growth in overseas sales, a scale advantage, and efficient cost control within the supply chain. V. Future Outlook: NYSE:BYD 's foray into the Southeast Asian market with the unveiling of three battery EV models in Indonesia signals the company's ambitious expansion plans. As NYSE:BYD aims to secure the top market position in Southeast Asia's largest economy, the global EV landscape remains dynamic and unpredictable. Investors will closely watch how NYSE:BYD navigates the evolving industry landscape, responds to geopolitical challenges, and sustains its momentum in the face of intense competition. Conclusion: NYSE:BYD 's journey in 2023 has been characterized by triumphs in sales, challenges in pricing strategies, and the looming shadow of geopolitical scrutiny. The company's ability to navigate these complexities will shape its trajectory in the rapidly evolving electric vehicle market. As investors assess the risks and rewards associated with NYSE:BYD , the story unfolds as a compelling narrative of a company grappling with the highs and lows of a transformative industry.
OTC:BYDDYShort
by DEXWireNews
BYD.....Correction not yet finished!Hello Traders, BYD is on path with my forecast. The stock has declined to new lows, and this down-sequence isn't done yet! On Friday, wave ((3)) has finished @ HK$ 224.60, and wave ((4)) should start. A target area for this scenario is at or around the HK$ 250 levels. If Friday's low was not the end of waves((3)), (may a wave 3 of one lower degree has ended), the stock will stay right on his path for lower price in the coming week. But keep in mind! As steeper the correcting moves, the less the probability for the count is given! BYD has to charge his battery for a new impulse! Have a great Sunday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!
HKEX:1211
by ruebennase
2
BYD.....Correction within a wave c!Hello Traders, since my latter analysis, BYD has made no progress. Instead, it was declining to 260 area, where the bullish count would be negated for the moment. I have revised the count. As a result, I count BYD correcting within a waves c of (y) of ((ii))! Today, waves (3) (Micro degree) could have end!? If so, the next move will be to the upside, developing as an a-b-c, finishing waves ((4)). After a decline below today's low is in the cards; finishing waves ((5)) of c of (y) of ((ii))! At the bigger picture, this move, if so to come, will end a large correction, and BYD will start a new impulse within a wave's 3! Targets for this scenario are well above seen levels. Have a great week.... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! The editor is invested!
HKEX:1211
by ruebennase
BYD.....Charging the battery!Hello Traders, BYD bounced off the level @ 261 HK$, as I mentioned per my later analysis! In consequence, it ran to 302.-! This could be waves (i) or a wave a of (b) of ((ii))! In the corrective case, at 325.80, waves c=a of (b), and the next move should be down to 245.80 HK$! This would complete waves (c) of ((ii))! If the weakness to 261 HKD was all of the correction, the waves should extend to 333.- HKD from these levels or slightly lower areas! A break of 261.- would negate the bullish view for a moment! Have a great weekend..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!
HKEX:1211
by ruebennase
BYD....Don`t panic! The situation is under control!Hello Traders, yesterday, BYD dropped nearly 10 % at Exchange in Hong Kong. It was a bit misty what was the cause. So, 225 Million stocks of BYD were listed at the clearing book in Hong Kong. This number is exactly the size, of which Buffet bought in 2008! So, the rumors ran around, that he is likely to sell BYD stocks! But, what reason Buffet should have to sell his stocks in BYD? In fact, the reason was, that Hong Kong exchange switched from physical stocks to electronic stocks! That's it! Today, the stock rebound 5%! But what does it suggest for my wave count? One possible idea could be, that waves ((i)) and ((ii)) are done or close to be, and the next move is a rally in waves ((iii))! A break of 333 HKD opens the door to this idea. A decline to 245.8 HKD is possible, would only retrace to the most possible level for a waves ((ii))! So the next day's should be fascinating for BYD. Have a great Friday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!
HKEX:1211
by ruebennase
BYD.....Waves c to lower levels in motion!Hello Traders, in € BYD has set a new ATH €41.85 yesterday. At stock exchange Hong Kong, the stock is trading @ 319 HKD this morning. Price is on path as I determined; it ranges from 380.- – 400.- HKD! It is the upper trend line of the channel, depending on if and when it will be achieved. Support zone ranges from 288 to 278 HKD. The move since the ATH is a waves a-b (done), and a waves c to follow. This wave should end at or around the support level. Recall, that it also can morph into waves w-x-y; in this case, it would end above the level of 308.- HDK! Update is following at the next days. Have a great week..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!
HKEX:1211
by ruebennase
WATCH $1211 SOMETHING IS AMISSSomething caught our attention on the weekly chart on $1211 BYD Company Limited on the HKEX. While the price is making higher high, we observed that the momentum is making a lower low forming a bearish momentum divergence. As you can see from the chart, each thrust momentum is diminishing forming a rising wedge which is a bearish price action. We foresee the momentum extinguish at the 3rd oscillation and eventually price will break down from the rising wedge into a bear cycle. Attractive R:R if you were to ask me. To achieve what others won't, you have to do what others don't“
HKEX:1211Short
by nexxtrade
BYD.....She did it!Hello Traders, BYD did it. A new ATH in HKD @331.40 on a closing basis. Also, a good indicator for higher price is, that this high occurs with a strong volume. So more Traders are willing to pay higher price for BYD and bought at the top. My price target is valid, as I wrote in my later analysis. It is at or around HKD 380.- and it is the upper line of the trend channel. As long as BYD is trading above HK$286.60 the focus is to the upside with much bullish potential ahead. A break of the 210 range would open the door for a longer correction, possibly! Have a great week..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk!
HKEX:1211
by ruebennase
an other up channel will accurehello, this stock has a big oppotuinity to grow up more and more, why? As you see it tried to break out its channel several times by keeping its uptrend. so if you see it breaks up that up corridor stay at your buying position and blow up your earns. targets are showen on my chart NB: i don't have a cristal ball predicting markest' future but i try to be more efficientr and rationnal in my trading. Good luck and let some feedbacks if you want more markets analysis (you can ask me other markets)
SZSE:002594Long
by HASSOUNI-trading