Yesterday we said that it was correct for to buy the bottom of GEM on Wednesday. There is a high probability that there will be a rebound today, as shown in the picture below. As a result, it went well in the morning, but it fell in the afternoon. Some people may be anxious and leave messages asking me, didn’t you say it can rebound? Why did it still fall?
is the right way to go. This is the market. It is impossible to predict with 100% accuracy, but the rebound will come back sooner or later. The high point of the rebound must be above yesterday's closing price. If it is fast, it will rebound tomorrow. If it is slow, it will rebound next Tuesday. There will also be a rebound, so just wait patiently for now. As shown below:
There is another thing about BYD . I feel that BYD's future target price is 700 yuan. The analysis is as follows:
The decline in the past two days is caused by Buffett reducing his holdings in BYD. I think this is not the main reason. If it is true, I think this round of decline in new energy vehicles caused by Buffett's reduction in BYD is a good thing, not a bad thing. As shown below:
Buffett reduced his holdings of PetroChina in 2007, causing PetroChina to fall by 31% in 23 trading days. But in the next two months, it tripled. Let me give you a summary. In July 2007, Buffett reduced his holdings of PetroChina. PetroChina then fell and bottomed out on August 17th. It rose in one breath for February to November 1st. Counting from the low point, it was 2 PetroChina has tripled its value in the past month .
This time, Buffett started to reduce his holdings in BYD from around 322. If he continues to reduce his holdings, according to PetroChina's logic, BYD will fall by about 30%, to about 255, and then triple, with the final price around 765 yuan. .
