BIDU Fibonacci BreakoutI 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
BIDU trade ideas
$BIDU - Critical Junction - Diamond Top or Continuation?Double inside day, sitting on 20MA. Long above 226.50, short below 222.75.
BAIDU - READY FOR TAKE OFF ?The stock has been moving since the beginning of 2016 in a huge triangle formation.
I think the time is getting closer for a breakout and some dynamical price movements.
I suppose in the coming week there will be earning results, keep them on the radar, if the price reacts to this earnings, this can be a catalyst for higher prices and breakouts.
190$ is important but 200$ is a very crucial and psychological important level, above it i would become really bullish. Entries below it are a little riskier, but have a better risk reward.
I would prefer to place my stop below 176$ thats where the 200DMA currently is, below it bigger falls are possible.
Blessings to you all.
BIDU may break out above 200BIDU has not been able to break out of $200 all of 2016 and has had no success so far in 2017. It is now inching up there so this $200 area here right now is quite critical. Keep it on watch. We may have a trade in one direction or the other.
LONG TO BIDU FOR LONG TIME 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 alliance are from a wide range of sectors. They include leading vehicle manufacturers, such as Chery Automobile,
FAW Group Corporation, Changan Automobile Group, and Great Wall Motors; tier 1 suppliers, including Bosch, Continental Automotive,
ZF Friedrichshafen AG, among others; key components providers, such as NVIDIA, Microsoft Cloud, ZTE,
Velodyne and TomTom; startups, including AutonomouStuff and Horizon Robotics; and ridesharing companies, such as UCAR and Grab Taxi.
The alliance also extends to five top universities and six local governments, including Wuhu in Anhui Province,
Baoding in Hebei Province, Yizhuang in Beijing, Chongqing Liangjiang New Area, and Shanghai International Automobile City.
Bearish Harmonics Suggest Lower into EarningsShorter-term features in context of a longer-term bat pattern + impending event. Today's trade : xdaystogo.com
Long BIDU by selling Put Spread Aug 170/165Bidu 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.
