AP

a black and white photo of the surface of a wall

BYD

a black circle with a black center

Price is currently retracing after completing Wave 3 of a larger impulsive Elliott structure.

Wave 4 pullback is in progress and approaching the major support zone around 7 USD.

As long as price holds above the Wave 2 zone (~7 USD), the macro structure remains strongly bullish.

Wave 5 targets project significantly higher — confirming long-term continuation potential.

BYD

BYD Co., Ltd. is one of the world’s leading manufacturers of electric vehicles, batteries, and renewable energy technologies.

Founded in 1995 in Shenzhen, China, the company has grown into a global innovator in EVs, producing electric cars, buses, trucks, and advanced battery systems.

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