SHORT
ENTRY: 190.50 USD
TARGET: 133.00 USD (+30% profit)
STOP: 222.00 USD
1.) Baidu started a correction after an impressive bull run! None of the Fibonacci Retracement levels could hold as a support! Reversal coming!
2.) According to the fundamental analysis, Baidu is a clear buy recommendation.
3.) Baidu generates significant margins and is therefore very profitable. The financial situation looks excellent, which means a considerable investment capacity.
4.) Baidu is definitely a BUY at 133.00 USD!
ENTRY: 190.50 USD
TARGET: 133.00 USD (+30% profit)
STOP: 222.00 USD
1.) Baidu started a correction after an impressive bull run! None of the Fibonacci Retracement levels could hold as a support! Reversal coming!
2.) According to the fundamental analysis, Baidu is a clear buy recommendation.
3.) Baidu generates significant margins and is therefore very profitable. The financial situation looks excellent, which means a considerable investment capacity.
4.) Baidu is definitely a BUY at 133.00 USD!
Trade closed manually