With an earnings and revenue beat, Baidu is poised for a bearish upward trend once headwinds from delisting and clampdown from the Chinese government are decoupled from the company. Technical analysis shows Baidu trading are key Fibonacci levels and forming a falling wedge pattern. Price Target: Near term: 212.08, with a 60% confidence Mid-term: 260.87, with a...
Baidu (BIDU),W1: Support line + Hammer + Hidden Divergence + Great sell off.
I have been playing $BIDU successfully for 3 weeks straight. Looking forward to seeing the stocks reaction to earnings!
Baidu has been savaged 50% in just 58 sessions and as a CFD trader I would always recommend buying strength and selling weakness, we may be looking at an inflection point in the bear move. Consider George Soros just announced a sizeable $77m purchase of Baidu, buying the weakness in several the stocks that were sold down in the Archegos blow up. If it’s good...
Chinese stocks have been beaten up tremendously I think its over done Good time to buy BIDU given the stock just bounced on support. Baidu provides internet search services primarily in China (Chinese Google). Last week Bidu launched China's first fully driverless robotaxi service. 25x P/E is relatively cheap for a self driving play like Bidu when you consider the...
Mission: You don’t need us to tell you that China’s Internet space is booming. With the world’s largest Internet user population and a long way to go to reach Internet penetration levels of developed countries, China’s Internet industry is growing in both scale and influence. And as more and more Chinese users come online, Baidu continues to innovate to meet...
Here's a list of stocks, ETFs, commodities, currencies that I have went long recently : Stocks : Wilmar Meituan Geely Beijing Airport ZA Online Baozun NIO Tencent Yeahka Lemonade Amazon Moderna Tesla Xiaomi Stone Co Baidu Commodities : Platinum Gold USOIL Currencies : EURUSD NZDUSD GBPJPY...
After tremendous drop from 300$ to 175$(the reason we know) it's now trying to rebound from levels 208-210$ what I think about it: First move to 223 $ is over, it will takes some days to go at 208 $ -210 $ level again, after that it will create a support level at 205 $ and resistence at 225 $ until the moment price cross this levels try to work in deep of chanel...
Updated BIDU idea with the recent crash. 467.10 is the target Nice entry here. Posted my entry on my patreon www.patreon.com
China-based tech giant may receive increased oversight from Chinese regulators, in addition to threats from the U.S. about potential delistings of foreign stocks. The U.S. Securities and Exchange Commission (SEC) has threatened to kick foreign companies off of U.S. exchanges if they don't adhere to U.S. auditing practices. (fool.com) Fib 0.618 perfect touch:...
BIDU is looking good again. We can long again. 1. Golden Pocket at $177 - $180 2. FIB level support 3. 200 day EMA 4. oversold RSI 5. MACD under histogram on the daily
OTM BIDU calls have been printing every single week on the EV hype. You might be afraid to buy in after a monster run out of its long bear trend. Don't be afraid because it is going much higher. A birdie told me that a stock split will be announced very soon. Don't sell calls options or you will lose your shares. Buy in heavy and let it run to $380. The split is...
I believe this is an Adam and Eve formation They are quite spread out however so interpret this as you wish Looks bullish regardless
Video breakdown on $BIDU going into 1/15
Video breakdown on $BIDU going into 1/14!