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eugtan

BIDU: EV Dark Horse

Long
Baidu, Inc. (NASDAQ:BIDU)  
eugtan  
NASDAQ:BIDU   Baidu, Inc.
Trend Analysis Technical Indicators
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trendanalysis indicator
$BIDU is the latest dark horse that secretly developing autonomous software and getting into EV. The recent retracement presents a good opportunity ride on China’s EV play. Volumes are building up for $BIDU and strong bounce back from 38.2 fib level. Buy on confirmation of break of 50 fib.

ENTRY: $292 - $302
TP: $438.67
SL: $247.8
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