BIDU: more bullish potential in coming weeks

BIDU continues to trade in line with the larger-degree trend support outlined in the September update.

On a short-term basis, as long as price holds above the 133 level, I’m looking for further upside toward the 160–175 zone, with a possible extension to the 196 macro resistance in the coming weeks.

Chart:


Weekly view:


Previously:
On the mid-term support (Sep 27):

https://www.tradingview.com/symbols/NASDAQ-BIDU/minds/?mind=Iv8UYPyJR0uY_qLE0Ne3dw