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TradeAlchemy

$BIDU - Long Trade Idea

Long
Baidu, Inc. (NASDAQ:BIDU)  
TradeAlchemy Updated   
NASDAQ:BIDU   Baidu, Inc.
Trend Analysis strength
0
0
trendanalysis strength
$BIDU
This ticker popped up on my screener set based on strength.
I am waiting for the break of the downtrend before entering. Target price is 294/295

Latest News: "Chinese Search Giant Baidu to Launch ChatGPT-Style Bot"
www.bloomberg.com/ne...t-style-bot-in-march
Comment:
Pre-market pushing $BIDU above the downtrend.
Pre market is currently trading @ 145.
If $BIDU close above $145, I will plan to initiate a long position, using the downtrend as my mental stop loss.
Trade active:
snapshot
Nice break of the downtrend.
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