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PhilippeDelpCFA
Mar 19, 2020 9:09 PM

CHINA IS OPEN FOR BUSINESS AGAIN SO COME IN BEFORE NUMBERS SHOW  Long

Baidu, Inc.NASDAQ

Description

Again step by step not all in

Wait the uptrend to confirm

Comment

Just look how resilient it is and now china is ahead on the virus curve and it is quite amazing to see how the CSI 300 hardly lost 15% while in US OR Europe we are vastly over 30 %

I believe China will return fast to capacity but damage will be done as demand from clients will not fully return and companies will start an unprecedented ONSHORING exercise

but again BIDU is not concerned by this and the same with BABA , Bidu is at the historic low and will rebound sharply
Comments
PhilippeDelpCFA
do like me just buy a small position and check everyday volume and trend if hold firm even on strong down day then it is good to go , that pose to me already passed for BABA and BIDU , in few days the stocks are already 15 % up and strong support was established during what we called the worst day ever in history
ancsika
how uptrend confirms?
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