Trade the China's Rally?
NASDAQ:BIDU
BAIDU INC - AMERICAN DEPOSITARY SHARES, EACH REPRESENTING ONE TENTH CLASS A ORDINARY SHARE
BIDU has been giving out surprises with its earnings over the last few quarters and price pullback to a really nice support level that shout at me. It might goes down from here but we can have a tight stop over here! Why I go long:
- Strong Weekly bullish trend .
- Key support level .
- Growth in earnings over the last few quarters.
- China market is heading to the moon!!!
- Strong Weekly bullish trend .
- Key support level .
- Growth in earnings over the last few quarters.
- China market is heading to the moon!!!
JohnKeverich
I think now is the time to go long in BIDU
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P.I.T.
PRO
JohnKeverich
It has broken the recent high too. Not going long now as my hands are full but I hope this work out for you ;-)
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P.I.T.
PRO
Buy stop order didn't get triggered, my buy stop order was at previous day's high. Price just dropped straight down, will cancel the buy order and look for another stock!
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