NASDAQ:BIDU   BAIDU INC SPON ADS EACH REP 0.1 ORD SHS
After collapsing through the trend line back in May, baidu has rallied back to re-test it.
Also in this zone is the 50% fib retrace off april->august drop & also the median line in pitchfork

Comments

I'll take the opposite side of the trade. $160 before pausing.
+1 Reply
counsellorvasquez counsellorvasquez
@counsellorvasquez, I am not selling until it hits ATHs.
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Chalfie24 counsellorvasquez
@counsellorvasquez, you should have sold
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@Chalfie24, Retirement account. It will recover.
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Chalfie24 counsellorvasquez
@counsellorvasquez, Aye I will reverse this trade eventually around ~$110
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@Chalfie24, Zero chance of that now, with the upped guidance. The dog days of China are over. Better cover.
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counsellorvasquez counsellorvasquez
@chalfie24 In general, I prefer to buy panics, not sell them. This is a panic, and not going to affect $BIDU's prospects.
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There's a gap at $111, patience is a virtue, that's going to be a good buy zone if you invest in shares and not just trade options.
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No pause until 160+
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This is going straight to 160.
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