Went long $103 weekly calls at $.50. Sold early at $.84. $1.37 was the HOD for these calls, but very happy with 65% gain. More BIDU plays ahead.
This analysis doesn't talk about Baidu's general downward trend, but rather of a temporary upward "re-testing" if you will. Baidu's earnings release is expected by end of the month which will be announced shortly. There are still more than 2 weeks worth of performance until a probable upward breakout. To investors trading it, this chart will reveal the most...
BIDU has been in a bear business cycle since early 2018. This downtrend remains intact as the slope of the highs remains downward. High Frequency Traders gapped the stock down recently.
Overall monthly downtrend. Shorting opportunity soon. Long-term long position when it arrives at buy zone - wait for bullish reversal on the daily chart
i made an offering to the Chinese bull gods and they answered with the starting of a trade deal. Im long asian stocks for a lil bit before the world ends in the next financial crisis, GXC coming up nxt
Despite the stock halving in value in 12 months ,we see a great opportunity to get into this name, just like the other Chinese stocks it has shown enormous strength this week as the major USA stocks got slaughtered. Option traders are also seeing upside potential and betting big on a bullish outcome from the upcoming trade talks. Entry level above pivot point ...
small bet on potential plunge on descending ATR channel
bidu is in a large correction at a near end of a large drop down (primary C). However no one knows if it is done.
Looking to see if this has the legs to trade back to 105-106 Or possibly short this on early strength
Could possibly test August lows of 94
NASDAQ:BIDU will go down to support zone . Long wait to green bar
In small position for BIDU, bet a potential Cup and Handel break out. Stop Loss 106 1st target level $123. This is only for a quick trade, not for long term holding. Will go from there.