BYD is currently trading at HK$108.8, with the key short-term resistance zone between HK$112.52 and HK$113.40.

BYD's stock remains relatively strong in the short term. After rebounding from the low of HK$88.500, the price has continued to rise and is now holding above multiple short-term moving averages, indicating that the overall structure hasn't weakened. However, at the current price of HK$108.8, it is gradually approaching the resistance zone between HK$112.52 and HK$113.40, where upward pressure is starting to build. Before a breakout occurs, there’s a higher likelihood of consolidation at these elevated levels. At this stage, the risk-reward ratio remains neutral.

From the comments, market sentiment appears divided, but overall it isn't overly pessimistic. On one hand, some investors believe that the stock won’t drop significantly, and any pullback would be an opportunity to buy. They continue to see support for the stock due to BYD's leading position in new energy vehicles and long-term prospects such as humanoid robotics, reflecting confidence in the medium-term outlook. On the other hand, some investors feel uncertain about recent performance, believing that the stock can’t break through on the upside nor fall meaningfully on the downside, showing a lack of clear direction. This indicates that the market remains cautious about the stock’s ability to break through the resistance zone.

Common questions mainly focus on three areas. First, whether to enter the market now at the current price or wait for a pullback before making a move. Second, whether the resistance zone between HK$112.525 and HK$113.400 can be broken, which has drawn significant attention. Third, whether trading volume will provide enough support for the stock to rise further; many comments have mentioned low turnover, raising concerns that the upward momentum may lack strength.

Technically, BYD remains relatively strong in the short term, with the key being whether it can hold above HK$107.920. If the stock holds steady above this level and breaks through HK$112.525, there’s potential for a short-term test of HK$113.400. Conversely, if it fails to hold above HK$107.920, the stock might retreat to test the support at HK$106.375. The Relative Strength Index (RSI) is at 56.228, indicating that short-term momentum is still present but not overheated. Meanwhile, the current price is above the middle Bollinger Band at HK$106.375, suggesting the trend remains stable, though it is nearing the upper band at HK$112.525, implying limited room for further gains. At this stage, it’s more appropriate to view this as a resistance-level trading scenario within a relatively strong trend rather than expecting a one-sided acceleration upwards.

BYD (01211) Key Levels: 107.920 yuan is the short-term watershed. Holding above this level could continue the upward trend towards 112.525 yuan, and breaking through 112.525 yuan may test 113.400 yuan next. If it fails to hold above 107.920 yuan, a retest of support at 106.375 yuan should be anticipated.

Strategy One | Bullish Call on Breakout above 112.525 yuan

25678 | Strike Price 106.98 yuan | Actual Leverage 4.7x | High Sensitivity Close to Price, suitable for immediate momentum trading upon breakout confirmation to capture acceleration phase.

25647 | Strike Price 106.98 yuan | Actual Leverage 4.9x | Higher leverage offensive type, suitable for amplifying gains after a breakout.

23816 | Strike Price 98.22 yuan | Actual Leverage 3.8x | In-the-money defensive type, ideal for expecting continuation of the uptrend post-breakout rather than just a one-day surge.

$UB-BYD @EC2608A.C (25678.HK)$$GJ-BYD @EC2608A.C (25647.HK)$$BI-BYD @EC2609C.C (23816.HK)$

Strategy Two | Low-risk Accumulation Call if Stabilizing above 107.920 yuan

26936 | Strike Price 121.2 yuan | Actual Leverage 4.3x | Mid-distance out-of-the-money, balanced risk-reward, suitable for phased deployment after consolidation.

25573 | Strike Price 121.2 yuan | Actual Leverage 4.3x | Ample time value, suitable for holding during sideways consolidation before a breakout.

24647 | Strike Price 128.98 yuan | Actual Leverage 5.2x | Higher out-of-the-money flexible type, ideal for small bets with extended upside potential post-breakout.

$UB-BYD @EC2612A.C (26936.HK)$$HS-BYD @EC2612A.C (25573.HK)$$UB-BYD @EC2610A.C (24647.HK)$

Strategy Three | Short Selling Opportunity if Fails to Hold above 107.920 yuan

22314 | Strike Price 81.83 yuan | Actual Leverage 7.5x | High-elasticity put, suitable for capturing pullbacks immediately after breaking through the support level

18730 | Strike Price 100.78 yuan | Actual Leverage 8.8x | Aggressive near-money play, ideal for short-term rapid declines around 106

24648 | Strike Price 84.95 yuan | Actual Leverage 4.9x | Defensive positioning, suitable for expecting an extended downtrend rather than a single-day pullback

$UB-BYD @EP2608A.P (22314.HK)$$HS-BYD @EP2606A.P (18730.HK)$$UB-BYD @EP2611A.P (24648.HK)$

Reminder: This article does not constitute any investment advice.

This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met; a comprehensive assessment of asset performance should combine other data and should not solely rely on this article to make trading decisions. Please note that past performance is not indicative of future results. Follow Jenny's insights on Hong Kong stock warrants for more professional analysis.

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