3Sem.
I'm in at $9868 with a derivative, which I swapped yesterday. In the case of derivatives with a longer horizon, I do this from time to time if the share has gone too far and the distance to the strike price/KO has become too large and the leverage too small. My 12-month price target for $9868 is $40. For me, this is the Chinese automotive share with the best growth opportunities in the short and medium term.
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@Multibagger I partly agree with you. Despite all the trouble in recent weeks, we should not lose sight of BYD either. Above all, the share price has fallen sharply at the moment and is undervalued in my opinion.
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•3Sem.
@TradingHase In the long term, definitely. But first of all, everything depends on expansion and that won't happen within 2-3 quarters. I have therefore sold $1211 for the time being.
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•@Multibagger BYD is currently expanding its dealer network with strong partners, the vehicle range is large and is not limited to e-cars. Other BYD brands are about to be launched in Europe. I still have hope in BYD and am staying in.
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