Online, some people said immediately after the event that Baidu wouldn’t have shied away from chatting with Ernie Bot live if it had mature capabilities.
“I get it, it’s not ready yet, just a pitch deck!!” wrote one viewer on the event’s English-language live stream on YouTube. “Two words: that’s it,” wrote another on the Chinese Twitter-like platform Weibo,...
Chinese Internet stock Baidu more than doubled between November and early February. Now some traders may be eying its current pullback.
The first pattern on today’s chart is the $131 area. It was a low on February 24 and again last week.
Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA on February 8. That may suggest...
This is not to EL yet.
Price should clear the left side of the cup to break up from this pattern.
Possible stop under the handle low or where you see support.
Targets are calculated using the depth of the cup (83.19)
No recommendation/Earning 2-21 BMO/neutral unless cup is broken
Nothing too complicated here. I think the china reopening will be underwhelming for a bit here. More of a technical trade here. BIDU is entering a supply zone and I'm looking to short.
She can go on and on like erika BIDU.
Similar to Amazon in China.
This company will emerge past the likes of BABA and stay there.
When China runs all eyes on BIDU and possibly JD.
Not too many ticker ADR's in this space will be able to outperform this monster.
BABA had it's shot and misshaps have caused nothing but permanent damage.
-stikstockitslive
$BIDU
This ticker popped up on my screener set based on strength.
I am waiting for the break of the downtrend before entering. Target price is 294/295
Latest News: "Chinese Search Giant Baidu to Launch ChatGPT-Style Bot"
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I will be looking at this area to see if a pullback forms. RSI on the daily seems to be at peaking levels. On my wave counts I have a 5 wave impulse up, so I'm looking to see a corrective wave down if this count is valid. That being said, this is showing great strength and sitting above 20,50,200 MA.
Thoughts on this?
SPY gapping below PD open, putting any Friday longs underwater. I think it tests the convergence of the balance are top and the descending trendline around 400 - 401.50. From there, look to see if pops are sold are if they hold, that will tell if we had enough fuel to continue higher or if we need a larger flush out before approaching the 410 area.
BIDU -...
Baidu climb 62% from Bottom to Top of the channel. Fastest climb in the channel.
Currently at Channle Resistant with nice HLHH uptrend.
Uptrend, Strong Bull and Bullish but volume is declining.
Recent Slow Turtle Buy is with lower volume.
Can monitor for BoD and BoB above downtrendline.
0% Retailer with 79% strong banker.
Looking at the H4 chart, my overall bias for BIDU is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a buy stop entry at 139.03, where the previous high is to ride the bullish momentum. Stop loss will be at 124.07, where the previous overlap support and 23.6% Fibonacci line is. Take profit will be at 155....
Looking at the H4 chart, my overall bias for BIDU is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a buy stop entry at 139.03, where the previous high is to ride the bullish momentum. Stop loss will be at 124.07, where the previous overlap support and 23.6% Fibonacci line is. Take profit will be at...
BIDU coming off the bottom of a long term Broadening Formation, at a key level that has previously acted as strong demand zone. Could see a nice run back through previous range within the BF. Decent Risk Reward opportunity, options play. #TheStrat @RobInTheBlack @chuckthetrader
Looking at the Daily chart , my overall bias for BIDU is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 124.11, where the overlap support and 50% Fibonacci line is. Stop loss will be at 107.23, where the recent swing low and 38.2% Fibonacci line is. Take profit will be at 155.48,...
BIDU is more bearing than bullish fundamental stock, therefore we would trade it mostly on a short position.
BIDU daily is in a big up channel with a high possibility of channel breakout. Price went into the area of resistance and got rejected.
Volume is ticking much higher on price fall which is bearish.
RSI after strong divergences starts to fall further....
