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.
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.
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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