$YY has a great chart here, paired with very interesting growth potential, and current valuation metrics. We're long and averaging into a long term position as well. Best of luck, Ivan Labrie.
Short below horizontal support break around 229. Already below 200D. Bearish target is around 205 (Feb low).
Added positions in China as I see strength in growing middle class/consumers. - More attractive valuation than those in US. - I believe there is more credibility in investing in China's blue-chips. I expect foreign institution $ to flow back to China. - I am focusing on purchasing best companies in China in technology space. - I like internet of things and I...
Gapped up after ER. 50/128 D Moving Averages about to cross upward. Watch for the price as it dips into the goldencross. If confirmed, entry target near $242-244. Upside targets $258-264 (adjust stops accordingly) Stop loss @ 237 (previous support). 5-10 day horizon
It took a nice hair cut last quarter and economic events in china not so rosie this quarter.
MCHI tracks the big China blue chips China and Japan possibly oversold from the last week of selloffs. N225 and HSI Now that the DJI, IXIC and SPX have found a bottom (hopefully) expect Asia to bounce. Got in at 70, looking to sell over the week at 76-78
Interested to see how this plays out long term
BIDU chart looks really strong. I think it will see $245+ maybe $250 this week. Notice when the thick red line dips below the band. Breakout soon occurs. Likely to sustain this trend. Thnx for following.
I plan to continue to trade monthly and weekly calls. Add this one to your watch list, it will be a fast mover. Comment if you have any input on fibonacci circles and what your thoughts are on BIDU
NASDAQ:BIDU After Many Good News in Baidu like Partner ship with (Nvidia & Microsoft), they would cooperate on the developing of a self-driving solutions (Autonomous Driving) The company announced that more than 50 partners have joined the (Apollo open autonomous) driving project and highlighted the variegated nature of its partners: Members of the Apollo...
Bidu seems found support and the pull back bottoms were in upper trend. Position Sell Put Spread: -1x170, 1x165 Premium: $1.21 Breakeven: $168.79 PoP: 69.48 Target Profit: 50% of the premium.
BIDU pulled back from channel upper resistance at $193. Looking for a move back sub-$190 in short term.
BIDU has been pulled back from 188$. I expect it would start to bounce back from the trend line. Setup the position by selling a put spread. Position: Short June 170 Buy June 165 Premium: 1.05$ Target: 50% of the premium. Breakeven, 168.95$ PoP: 71.35%
Sold the 195/175 Strangle for $3.08. We are betting it won't move more than the $9.50 expected move.
Baidu is forming a wedge pattern on its weekly chart, and with earnings coming out on April 27th, right now seems to be an inflection point in the change of the price of BIDU. If earnings come out great, beating expectations, one may see BIDU's stock surge out of its wedge resistance price of $187, during that point, I would put in a long position with a stop...
On April 7, 2017, Baidu ( BIDU ) had four daily moving average cross events occur. The stock crossed below the 100, 200, and 250 daily moving averages (DMA) while the 20 DMA crossed below the 100 DMA. All four events have never occurred on the same day before. Also, when all four events occur individually, they do not always result in a loss. Historically the...