Baidu - Short Term - We look to Sell at 179.26 (stop at 190.59)
We look to sell rallies. Trading within a Bearish Channel formation. Bespoke resistance is located at 180.00. We look for a temporary move higher. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 180.00, resulting in improved risk/reward.
Our...
BIDU just broke out of months of consolidating inside a pennant.
As long as price stays outside the pennant, we can see it pushing towards 170s level.
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📌 DISCLAIMER
The content on this analysis is provided for the sole purpose of education only.
Not a financial advice or signal.
1. Observe the Trend
2. Zoom in fr levels ,
3. Short of supply , Forming a U structure , will take resistance from 13 ema , However will bounce back form the support zone
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LIKE if you agree
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All,
UPST with last ER is just a must watch down here it could hold here, or drop down but I for sure think we have a MASSIVE bounce if it drops down on that trend line.
This is all pending the market. SPY falling knives can slice any mid/large cap.
*** I know it's so tempting to jump on option calls for PYPL/UIPST/BIDU/ROKU and many many other huge dips that are 100% undervalued. BE PATIENT. These are selling off so fast and hard when you time this bottom correctly trust me they will blow up for at least 100% in options. Don't assume just because they are undervalued and dipped that SPY cant take a nose dive...
All,
BE PATIENT. Let the market do it's thing and get conformation. There is ALOT of money to be made here if you are patient with call options. I see ROKU/PYPL as immediate buys once market turns around. UPST as well but not tons of support.
FIGS id watch every 30m this one is positive ER really undervalued here on serious support basically a wedge. I like FIGS...
NASDAQ:BIDU
STRONG BUY
Possible Scenario: LONG
Evidence: Price Action , Dark pool activity, Options flow.
Entry point: current price, it can drop more but not important.
TP1: 176$
TP2: 180$
TP3: ATH at 182$
Call options 12/03/21 strike 190$
Call options 11/19/21 strike 180$
*This is my idea and could be wrong 100%.
BiDU is looking like it’s getting a great support and awesome R/R.
Some February contracts ITM could be making some real money. %%%! Ask for our private room.
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward...
From the bottom of Mar'20 of 80$, BIDU saw a massive Wave 1 (subdivided into 5 waves). Note that Wave 3 was an exact 261.8% extension of wave 1 & wave 5 was almost a 161.8% extension of Wave 3. Then, a huge A-B-C correction, almost accurately to the 78.6% retracement of the bigger wave 1 (not coincidentally, the pre-pandemic level too!)
For the first time since...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 17, 2021 with a closing price of...
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
NTES is a China tech company that provides online gaming services. All the china stocks are risky right now with their gov't sanctions, but they provide a good valuation. Some are down over 20-30% in last 3 months. Earnings is Aug 31 aftermarket and I think they will beat eps and revenue. Options - There are over 28000 calls OI for sept 17 exp, 19000 puts OI....
Expecting price to rebound sooner or later. Price is at oversold levels at the moment. Analysts target is $250.83, waiting for my edge to appear to get in but price could rise.
