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The Baidu search engine is one of the largest and most popular search engines in the world. In China, it ranks first in terms of its demand. The IT sector was in great demand last year. Quarantine restrictions and lockdowns have been introduced around the world that have forced people to actively use the Internet. After the collapse of the markets at the beginning...
My top 10 buythedip picks: TSLA - 697 ROKU - 367 SQ - 234 Z - 153 BIDU - 266 PYPL - 249 SNAP - 57 FLGT - 104 REGI - 85 FCEL - 17.3 These are considered based on following criteria: Was in clear uptrend before pullback Had deep pullbacks from ATH, yet support level is not broken. Has bounced off a bit from bottom - support level Still lot of room to...
BIDU looking to pick a direction this week. It has been consolidating last week but a push over 216 can go to 228 while a pull back to 208 can go back down to 200. Watch what it does on Monday and consider a short term trade to one of the fib levels.
Negative head and shoulders pattern. Neckline breached and retest Target level 150 105
The Baidu search engine is one of the largest and most popular search engines in the world. In China, it ranks first in terms of its demand. The IT sector was in great demand last year. Quarantine restrictions and lockdowns have been introduced around the world that have forced people to actively use the Internet. After the collapse of the markets at the beginning...
it is vital for all traders to control their emotions. getting excited is natural for everyone but if you want to be a successful trader you have to learn how to control your feeling. we trade based on the facts not feelings!. there are always alternative scenarios and a wise trader should be prepared in advance. being aware of alternatives can help you to control...
Mission: You don’t need us to tell you that China’s Internet space is booming. With the world’s largest Internet user population and a long way to go to reach Internet penetration levels of developed countries, China’s Internet industry is growing in both scale and influence. And as more and more Chinese users come online, Baidu continues to innovate to meet...
Here is a quick tip on how beginners can translate what they know about playing the upside and utilize the inversion of the chart to make sense of playing the downside! A lot of New Traders have a tough time playing the downside and this is a great way to start making sense of it!
This is a textbook head & shoulders breakdown on Bidu, it is now attempting to reclaim the neckline but is hitting resistance.
$BIDU is signaling three drive pattern (3 equal lengths retracement) Looking for price action for mean aversion long trade, LosSes this zone 140's are very possible (large daily abcd 147'S)
I do not trade it just idea would personally dump if next week ends under 212.49
$ BIDU. In the head and shoulders pattern, we are waiting for price action to move lower than the neckline after the peak of the right shoulder. You can try to make some money by selling call options against the neckline, which becomes resistance now.
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.
Hi all, after enjoying a really strong rally from mid 2020, breaking through a couple wedges (marked on the chart), BIDU has been suffering some strong selling / profit taking over the past couple weeks. On the daily chart, we see a long and steep Flag forming. Bearish MA crossover and current negative news cycle could depress price further in the coming days....