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BYD has announced a new premium EV with extremely fast charging. And a cooperation with JD.com. They want to build new EV fast charging stations in China together.
And they have a major new export order from South America for over 100,000 cars.
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@Emdy yes, i have now found the news too 😀
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I think overall it is also a good hedge with rising oil prices, see also $3750, $9868, additional perhaps also chart technical breakout?
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@jkb92 at least the zone around €10.80 is out for now
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@jkb92 at $3750 it is more due to other things than the oil price...

Among other things

Were officially included in the HSI last week Monday

Super figures presented last week

Global market share increased to 45.2% in January

New cooperation with $RIO

New partners in the swap station sector
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@SAUgut777 You are right, but you know very well from your reporting on CATL that good news has not always necessarily been reflected in share price increases.
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@jkb92 That's true, although the inclusion in the HSI is now also forcing institutional investors to sign up for the index and the fact that there is little free float in Hong Kong, coupled with the news, is resulting in these jumps.
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A good trade opportunity. The sideways phase since nov 25 could now break out to the upside
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@Sansebastian What would be your target zone?
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@jkb92 Good question. It depends on whether volume comes in now. My first target would be HKD 130 - there is a lot of volume. But maybe we'll shoot straight towards the ATH. And then there really is a lot in it. I got in for a longer swing
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They don't need fuel.
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BYD wants to take over VW was written in the Postillon and the negotiations took place in the Paulanergarten, with a delicious cool blonde 🍻
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