BAIDU INC

$BIDU

Strength

200+ and we have a nice trend change

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 ...

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 ...

Wait for break out

long

Bidu seems found support and the pull back bottoms were in upper trend. https://www.tradingview.com/x/PstsLVbr/ Position Sell Put Spread: -1x170, 1x165 Premium: $1.21 Breakeven: $168.79 PoP: 69.48 Target Profit: 50% of the premium.

Couple the obvious with a converging MACD and divergent RSI (i.e. lower since late April as the stock has pushed higher) and it looks like BIDU heads lower... https://xdaystogo.com/trades/2017/5/26/022-bidu-puts

Leader in Chinese AI/Autonomous Driving

Shorter-term features in context of a longer-term bat pattern + impending event. Today's trade: https://xdaystogo.com/trades/2017/7/5/024-bidu-puts

i am inclined to lean more toward a bullish outlook

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Look for 200dma to be reclaimed

details in chart

details in chart

This indicator shows gives Buy/Sell alert when there is a Bull and Bear Cross Bull Cross = 4ema cross over 8ema Bear Cross = 4ema cross below 8ema

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