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FXbrawler
Jun 30, 2021 12:58 PM

BIDU is a BUY now Long

Baidu, Inc.NASDAQ

Description

We did a 50% retracement (a Gann favorite) and are bouncing off a zone of support and a short term trendline. I think this has good upside.
Comments
MakeMomey
chinese companies are a different species. One policy change from the CCP, the whole industry go to zero.
MakeMomey
chinese stocks are heavily dependent on gov policies, so don't feel bad that this didn't play out as expected, it's just chinese things, if you know what i mean
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