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.
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.
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...
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...
China-based tech giant may receive increased oversight from Chinese regulators, in addition to threats from the U.S. about potential delistings of foreign stocks. The U.S. Securities and Exchange Commission (SEC) has threatened to kick foreign companies off of U.S. exchanges if they don't adhere to U.S. auditing practices. (fool.com) Fib 0.618 perfect touch:...
BIDU is looking good again. We can long again. 1. Golden Pocket at $177 - $180 2. FIB level support 3. 200 day EMA 4. oversold RSI 5. MACD under histogram on the daily
Video Breakdown on $BIDU! Currently in a Descending wedge heading towards our daily support!
Video breakdown on $BIDU going into 1/14!