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Is BYD signaling a buying opportunity? Crossed Above 200 Day Moving Average shows up after advancing 0.77%
BYD finished higher by 0.77% on Thursday, October 30th, trading 1.2 times its typical volume. Mixed technical signals appeared with Crossed Above 200 DMA suggesting upside potential, while New Downtrend indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 76.51, 75.62 & 74.89, with resistance at 78.12, 78.85 & 79.74. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of BYD: D
There’s more where that came from. See all of today’s signals for BYD here.
Read full article here »