BIDU: Trade talks speculations playGood chances we may hit 117.xx today or tomorrow the least. We can go higher if conditions permit.
Prices marked
BAIDF trade ideas
Short term Bullish to $176BIDU Short term bullish to around $176 represents a possible short term trading opportunity. Looks to bounce off the trendline. Note that earnings report on May 17.
BIDU - looking for a bounce next weekNASDAQ:BIDU appears to be oversold and there is a possibility of one leg up in anticipation of Trump-Xi Meeting. Risky trade. Sell on a bounce. Keep a very tight stop loss
Baidu will be a fantastic reversal trade if Trump makes peace.The G20 summit really can not come quick enough as the Nasdaq and DOW hang on by their fingertips to the ATH level, technology stocks in particular need a positive outcome from the Trump Xi meeting whether it be sincere or not. Baidu has fallen victim like many Chinese stocks to investors not willing to risk their cash in battleground stocks used as a pawns in a very complexe game of trade. If there is a agreement or trade peace treaty BAIDU is a must have stock to benefit from a huge reversal, keep it close to mind as the weekend approaches, despite its weak chart, technicals will not matter if fundamental change.
As BIDU Goes, So Goes the Chinese EconomyBIDU is a huge bellwether of China. It has collapsed to a new low, indicating that the economy of China may be worse off than the official reports claim. This new low created a temporary bounce due to a severely steep selling trendline pattern.
BIDU 2019.6.11Strong Pressure from pass at 117
Break 111 bearish trend
long at 113 stop loss 111, TP 125
$BIDU Don't try to catch this Knife. Baidu has more pain to comeOMG this has been a horrible stock for the last year, its dropped so much even bottom feeders won't touch it. There is still a possible 30% for the shorts to gather before this finds a bottom at 2013 levels. If the trade climate changes with China, get into this as quick as you can, it will rocket higher. Remember just because something is cheap doesn't mean its a good buy, in the current market, keep your capital safe for brighter times.
Imminent reboundBAIDU just closed a gap of July 2013. This is too important not to rebound here in the short term.
Buy buy buy, as much as you can.
BIDU showed its hand (May 4 - 8)An interesting look at BIDU in the days leading up to its decline.
Single Powerline indicator signal
Second Powerline indicator signal
Decline without any buy indications until earnings.
My Favorite Stock for Today May 17 2019 (Daytrade)Good Morning, as we can see we have a catalyst on NASDAQ:BIDU , first time since it was listed to have losses, its at a nice pivot, below the MA's, and below the short sale restriction, i will wait 5-10 mins after the market opens and i will trade it to the short side (I am a short bias trader), i think we have 2-3 points of space to come down, if we can hold up this levels it can be a good trade.
Remember that this is for educational purposes only.
$BIDU Bears in full control, results won't matter to sentiment. Today's earnings from BABA were really good but after an initial pop it bleed into negative, BAIDU could very well act the same. The chart is ugly with a break from a bear flag on high volume and indicators all point south. There is a chance that the earnings could be great and the stock jumps, but we cant see it happen under a cloud of poor
sentiment.
BIDU weekly bear flag with 5,000 September $175 puts opening..BIDU weekly bear flag with 5,000 September $175 puts opening today and has the 13,000 Sep $165 puts in OI, continues to lag China names
BIDU - SHORT TERM BULLISH. LONG TERM BEARISHOutlook:
- Short term bullish, long term bearish due to a big bear flag on daily time frame.
- Target short term: 185-186 (hitting MA200 resistance)
- Stop loss: below 163
- Earnings report on May 16
BIDU Long - long term target 220 & short term 190Jumped up 13% from $167 to $185 share on April 9th, then dropped 9% to today April 15th. IS THIS headed upwards trajectory again towards $190?
60 billion Market Cap, PE around 14, this sure looks like a screaming buy with the population
of China. Worlds one third population will be using BIDU not Google.
How ingrained is this company in the modern Chinese way of life? Is it comparable, at all, to the way Amazon and Google were ingrained 20 years ago here in the U.S. and are ingrained today?
BIDU reversal - time to shortBidu reversal and moving down. Falling to next support on trendline around 166.
