My eyes are glued to Baidu stock, ticker BIDU, as it is forming a perfect trade/invest opportunity for me. Pattern I love the most, Inverse Head and Shoulders on the Weekly time frame. Things to consider: 1. My first entry point would be right above the 200MA on the Weekly time frame, though the pattern would not be finished on that price level sitting at...
If you haven`t sold BIDU here: Then you should know that looking at the BIDU Baidu options chain ahead of earnings , i would buy the $105 strike price Calls with 2022-12-16 expiration date for about $4.75 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
🔸️Ticker Symbol: $BIDU timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: With Earnings around the corner, $BIDU has shown an impressive rise in price action, regardless what the market is doing writ large. $BIDU is giving us a 4x indicator of a price explosion; money momentum increasing, bounce off the lower regression channel,...
Similar break of a downward resistance in descending white lines Right now price is within a descending scallop, this will likely break out bullishly once a "new uptrend" is formed along the green line which has only previously seen a few touches Bearish until Trend Line is hit
Baidu Short Term We look to Buy a break of 157.74 (stop at 147.55) Further upside is expected and we look to set longs in early trade. A break of yesterdays high would confirm bullish momentum. Bespoke resistance is located at 155.00. The trend of higher lows is located at 147.00. Our profit targets will be 181.51 and 199.50 Resistance: 155.00 / 182.00...
Price target for BIDU is $147. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
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...
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.
BIDU has a really clean setup this week! We're sitting right at the 203/205 resistance, meaning long trades are valid at any point above it. We will likely make a quick trip up to 223, then 228 if it starts running. Above that it's clear skis up to 264, though it's unlikely we reach that far. The only reason I even included that is because ROKU blew me out to the...
Am i seeing this correctly? Some sort of reverse wedge on BIDU. Togtehr with strong RIS divergence is telling me to BUY bidu and take it LONG to the 61% FIB level.
Still following nicely, double top faceoff before full recovery, finishing last leg down before continuing megawave up to Xi's top secret moonbase.
Volume averages have increased throughout the last year indicating increased volatility, and in a low-vix environment with high inflation expectations subsequently an inflated market with inflated price-swings and volatility. PTs and resistances were created since last-year's trend started, showing clearly in-tact relative tops & bottoms from 2020 status quo with...
sry i can't stop staring at these charts, but notice how crossover and divergence on 1hr RSI shows mega-wave top and bottom, and that we see a stochastics crossover today while futures absolutely rip and BIDU remains persistent in testing its respective waves. We truly are at the bottom.
Following basic price action, SPY market recovery imminent in my opinion. Expecting a melt-up to ATH's this April, back on the bull for BIDU.