Baidu Bottomed!Hello,
In my opinion Baidu has bottomed, the same as the HangSeng index is doing.
Target will be the upperband of the purple trendzone.
Enjoy!
BAIDF trade ideas
Baidu Is Entering A Parabolic Uptrend.This might be hard for people to comprehend in the short term but the chart seems quite clear here, We're in the early stages of what appears to be a wave 3 of larger degree - which will see prices rise for quite some time, Peoples hatred towards china will prevent them from making money.
Ichimoku: BIDU The search that a lot of people useIchimoku: BIDU The search that a lot of people use
Someone is searching for the question.
Some people search for knowledge.
Some people search for souls.
I search for ideals
looking for you expectingly among the crowd, only to find you are away from me as far as the twinkling lights.
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strategy for BIDU monday 01/24/20200BIDU: sell zone ( 165.00 ) ( 164.00 )
opening above (158.00) bullish entry to the sell zone. in case of a break of the sell zone next continuation price ( 166.00 )
bearish trend of the previous day bearish continuation price ( 156.00 ) possible fall to the buy zone ( 151.00 ) ( 150.00 )
BIDURejection at downtrend/1.272 fib extension. Could potentially drop to $122 if the resistance holds imo.
Can you find a BETTER place for BAIDU to reverse? Pls commentThis Baidu chart suggests that the CCP regulatory risks may be ending soon.
Baidu have completed an ABC wave 4 with a DIAMOND reversal pattern.
Wave 5 on going & the smaller wave 2 may be bottomming at this very ideal place.
Pls see chart for my reasons why.
Pls do make & share your own analysis.
BIDU BreakoutBIDU just broke out of months of consolidating inside a pennant.
As long as price stays outside the pennant, we can see it pushing towards 170s level.
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📌 DISCLAIMER
The content on this analysis is provided for the sole purpose of education only.
Not a financial advice or signal.
BAIDU Bearish or Bullish ??1. Observe the Trend
2. Zoom in fr levels ,
3. Short of supply , Forming a U structure , will take resistance from 13 ema , However will bounce back form the support zone
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price channels BaiduSell on red line. green line is buying opportunity. price of BIDU is in my opinion way to low with a PE of 7.5 and the technology of the future!
NASDAQ:BIDU
BIDU longPossible double bottom at 140—this 140 level has been a key level since 2011 and happens to be the 0.786 Fibonacci retracement level of the parabolic move up from earlier in the year. Sentiment of Chinese stocks is at an all time low; I think it is worth a play on the contrarian long side.
BIDUThere has been a decent amount of strength in China stocks again.
If BIDU breaks and holds above $185 resistance, it looks like it should be able to test $200 resistance next.
JICPT| bloody day for Chinese stocks amid fear of delistingHello everyone. SEC has finalized rule that allow it to delist foreign stocks for failure to meet audit requirement. Rumor has it that the rule is aimed to target Chinese stocks. Didi, a ride-hailing companies listed in US a few months ago, announced on Friday that it plans to delist from New York Stock Exchange.
That triggered selloff of Chinese stocks, BABA and Biu were down 8% plus and 7% plus respectively. NIO fell more than 11%. HK stock exchange is where they might go after delisting from US.
The key is the Public Company Accounting Oversight Board (PCAOB), which was created in 2002 to oversee the audits of public companies. Chinese regulators repeated denied the requests from PCAOS to inspect the audits of Chinese firms that list and trade in the US. . Don't be too scared it'll take at least 1 year and a few months for SEC to delist companies. However, I can see that decouple is happening right now, like the supply chain.
For US investors, better stay away from Chinese stocks listed in the US. If you're keen to hold, just buy those listed in HK market.
As mentioned previously in my post, I kept on buying ETF that having exposure to Tencent and BABA listed in HK. The current valuation is really attractive.
Baidu: Sellers are in controlBaidu has violated the upward channel downwardly with a reversal pattern that shows to what extent the sellers are in control.
The stock may target 145.55 - 136.40 support levels consecutively.
Revenue Reaches CNY 31.9 Bn as Baidu Announces Q3 2021"Baidu Core delivered another solid quarter, powered by our AI cloud revenue growing 73% year over year," said Rong Luo, CFO of Baidu. "With a diversified AI portfolio, including cloud services, smart transportation, smart devices, self-driving, smart EV and robotaxi, we are well-positioned for long-term growth."
Total revenues were CNY 31.9 billion, increasing 13% year-on-year.
Revenue from Baidu Core was CNY 24.7 billion, increasing 15% year-on-year; online marketing revenue was CNY 19.5 billion up 6% year-on-year and non-online marketing revenue was CNY 5.2 billion, up 76% year-on-year, driven by cloud and other AI-powered businesses.
Revenue from iQIYI was CNY 7.6 billion, increasing 6% year-on-year.
Cost of revenues was CNY 16.1 billion, increasing 26% year-on-year, primarily due to an increase in traffic acquisition costs, content costs and cost of goods sold related to new AI business.
Research and development expense was CNY 6.2 billion increasing 35% year-on-year, primarily related to personnel-related expenses.
Operating income was CNY 2.3 billion. Baidu Core operating income was CNY 3.7 billion and Baidu Core operating margin was 15%. Non-GAAP operating income was CNY 4.7 billion. Baidu Core non-GAAP operating income was CNY 5.8 billion and Baidu Core non-GAAP operating margin was 24%.
For the fourth quarter of 2021, Baidu expects revenues to be between CNY 31.0 billion and CNY 34.0 billion, representing a growth rate of 2% to 12% year-on-year, which assumes that Baidu Core revenue will grow between 5% and 16% year-on-year.
The COVID-19 situation in China is evolving and business visibility is limited. The above forecast reflects Baidu's current and preliminary view, which is subject to substantial uncertainties.
Long | BIDU | week end 11/19/21NASDAQ:BIDU
STRONG BUY
Possible Scenario: LONG
Evidence: Price Action , Dark pool activity, Options flow.
Entry point: current price, it can drop more but not important.
TP1: 176$
TP2: 180$
TP3: ATH at 182$
Call options 12/03/21 strike 190$
Call options 11/19/21 strike 180$
*This is my idea and could be wrong 100%.
Inverse Head and Shoulders/ Earnings are 11-17 BMOLong entry level is a break of the neckline with an uptrend. Small break away gap below price.
Yhe pattern is not valid until the neckline is broken.
Possible stop under right shoulder (RS)
No recommendation.
BIDUBAIDU has corrected more than 55% from top and is consolidating in range bound in a box. Need to take out previous triple top at 182.6 and then 191.55, to fill the gap at 197. If it breaks below the box, downside support at 117
BIDU: Are you ready for the 3 of 3?After a long and painful 61.8% retracement from its All Time High, BIDU has printed a minor 1-2,1-2 on its Wave 3 of 3.
Baidu opportunity with good risk reward ratio!After dropping 60+% from all time high, Baidu is showing reversal strengths higher highs and higher lows...
Good risk reward opportunity available. This is only my personal opinion. Not a recommendation.
Please do your own due diligence....
From
BIDU continue of higher lows and higher high with MACD Divergence. .786 retrace at a ice line that goes straight up and down from there. pending Golden cross on 4HR. Trend reversal incoming potential.
BIDU, swing trade BiDU is looking like it’s getting a great support and awesome R/R.
Some February contracts ITM could be making some real money. %%%! Ask for our private room.
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BIDU has bottomed, massive Wave 3 incomingFrom the bottom of Mar'20 of 80$, BIDU saw a massive Wave 1 (subdivided into 5 waves). Note that Wave 3 was an exact 261.8% extension of wave 1 & wave 5 was almost a 161.8% extension of Wave 3. Then, a huge A-B-C correction, almost accurately to the 78.6% retracement of the bigger wave 1 (not coincidentally, the pre-pandemic level too!)
For the first time since July, the stock went above the 200d ema & has promptly pulled back. This might trade here for a while as there are many resistances above, but there are major support levels too. 175-176 is the next target, followed by 184 & 202
Invalidation level: 138-140 level
(PS: Alibaba(BABA) also forming a similar pattern but BIDU is more bullish. BABA badly broke the pandemic low, thanks to disappearance of a special someone)
Not an investment advice, I am long on both BIDU & BABA
