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Qijun168
Mar 19, 2023 11:52 AM

BIDU or BABA 

BIDU/BABANASDAQ

Description

One year Daily Chart
a simple comparison by dividing #BIDU / #BABA
The ratio has been kept mostly within 1.20 ~ 1.5+
Daily RSI starts to surpass 60, which potentially starts a bullish move
*** in this case, meaning Baidu will potentially starts to outperform Baba for quite sometime)

The ratio finally surpass 1.50+ again and has since mark a new High
RSI continues to stays along high levels
so long RSI did not break below leveled support, Baidu will perform better than Baba

Comment

a total reversal! now Baba is better, ratio may gradualy drop back along 1.2 area
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