NASDAQ:BIDU appears to be oversold and there is a possibility of one leg up in anticipation of Trump-Xi Meeting. Risky trade. Sell on a bounce. Keep a very tight stop loss
BIDU is a huge bellwether of China. It has collapsed to a new low, indicating that the economy of China may be worse off than the official reports claim. This new low created a temporary bounce due to a severely steep selling trendline pattern.
Questa è la mia idea su Baidu. Tu cosa ne pensi?
Jumped up 13% from $167 to $185 share on April 9th, then dropped 9% to today April 15th. IS THIS headed upwards trajectory again towards $190? 60 billion Market Cap, PE around 14, this sure looks like a screaming buy with the population of China. Worlds one third population will be using BIDU not Google. How ingrained is this company in the modern Chinese way...
Watching the uptrend support level for a solid break on volume. Stops in place as always.
NASDAQ:BIDU BIDU has formed a bear flag on the daily chart and drilling down into the hourly chart, we can see a clearer picture. Watching for a break of support on volume and a possible retest for confirmation for further downside. Only 2% of the float are short (as of today) so short squeeze unlikely. Keep risk tight, any reclaim of support (if/when) it...
$BIDU Broke down out of its recent uptrend yesterday after negative earnings reaction last week. $24M traded today in March 15th 195.00/200.00 strike puts (deep ITM) for very high per contract premium Near term target - sub-$150 by mid-March Note: Informational analysis, not investment advice.
Pictured here is the only earnings announcement-related volatility contraction play with the metrics I'm looking for: greater than 70% rank and greater than 50% 30-day (it was 68/55 as of Friday close). Setup Metrics: 3.40 credit, break evens at 20.60/27.40, -8.20 delta, 3.1 theta. Obvious alternatives would be the April 18th 21/27 short strangle paying 1.21...
$BIDU Strong growth stock looking under-valued vs peers with P/E around 13x. Expecting this stock to run with earnings this week and a possible US/China trade resolution looking possible near term. Medium term target - $200-$210 range Note: Informational analysis, not investment advice.
BIDU (44/42), RIG (33/56), and TEVA (49/53) announce earnings this week, with TEVA looking for a March to April volatility contraction of about 15%, BIDU, approximately 7.7%, and RIG, 6.9%. Instead of looking to play these pre-announcement for a volatility contraction (the contraction percentages aren't that compelling), I'll look to potentially short...
Fallign wedge breakout Cup and Handle Bullish RSI divergence
$BIDU Above Daily 50 MA Uptrend channel Bullish RSI divergence RSI Inverse head and shoulders
Trade talks are scheduled this week and China small caps have been getting heavy volume. IQ has also had bullish flow the past week. $28 PT
Baidú se encuentra construyendo una zona de demanda bastante importante. Muy buena opción en LONG para los próximos meses.