BIDUN trade ideas
BAIDU OutlookAs shown in the diagram, I am looking to place some puts on 128 level, and some calls on 120 level. However, the big picture of Baidu is emerging. I am seeing an ABC corrective wave if Baidu breaks out from the resistance line, and I would place my TP at 180 level, or the .5 Fibo retracement. And of course, I would cash out a majority of Baidu shares on 159 level, or the .382 Fibo.
when BIDU makes historical movementstheres no much to say except the fact the stock imitated historical movements as perfect as i could wish for.
now it looks good gor long. there are some hards high level to cross especially 155 which is weekly retistance.
so far looks good.
not a recommendation to any stocks actions.
hope u enjoyed my idea.
be well, see ya guys
BIDU - A New Trend Has Started$BIDU - earnings made this stock break out. Don't miss the new uptrend. First resistance I have is near $135.00
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$BIDU: Trumps First Target to DeslistThe rally at the end of this Friday's close was systemic. It was the news that the U.S. president (after the markets were already in anticipation as he had tweeted there would be significant news). The press conference was not positive. The things that came out of it was both anticipated and expected, which is what the markets are operating on right now. They anticipated that the U.S. would begin to win back exceptions from Hong Kong as a semi-autonomous trading partner because of Chinas move to consolidate power under grounds of national security. There was also mention of delisting Chinese companies on the American stock exchanges, which would be huge for companies such as $BIDU.
$BIDU Bullish setup but possible pull back from 110-113 Bearish short-term setup pre-earning but indicators and trend lines showing more possibility to pullback after earning announcement to re-test previous lows . if earning so good and its jumped above 113 then it will turn extremely positive and new bull-wave will be started but if rejected from down trend line then possible to re-test march lows or even lower.
$BIDU BAIDU earnings trade
Bullish move above 50 day moving average on Friday and bounce of daily support level.
Possible long above $100 with $105-112 as upside targets.
Company profile
Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm's products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment offers keyword-based marketing services. The iQiyi segment provides online advertising services. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.
Wait for confirmation before entry long on BAIDUSupport :96.51
Resistance : 105.14
The market is ranging at the moment , we are observing the volumes because at the end of the day BAIDU is always dynamic.
If the candlestick formation is confirmed to be a pullback , thanks to the volumes, it will announce a coming increasing trend .
If the market strongly breaks the support line or the resistance line : The shape of the market will change. Follow the trend because they are possibility of seeing the market moving way from the actual range.
Beware:
BAIDU can open in the morning with a significant price change.
BIDU FORECAST FOR Q1 2020 in line with ESTIMATES !!!!Feb 27 (Reuters) - China's Baidu Inc forecast first-quarter revenue below analysts' expectations on Thursday, amid the ongoing coronavirus outbreak in the country.
Baidu, whose search engine dominates the country's market, forecast first-quarter revenue between 21 billion yuan ($2.99 billion) and 22.9 billion yuan, while analysts had expected 23.08 billion yuan, according to IBES data from Refinitiv. ($1 = 7.0128 Chinese yuan renminbi) (Reporting by Akanksha Rana in Bengaluru and Yingzhi Yang in Beijing; Editing by Shailesh Kuber)
IMPACT OF VIRUS OVERBLOWN FOR INTERNET COMPANIES OBVIOUSLY !!!!!
Fourth Quarter 2019 Financial Highlights
BAIDU IS GROWING AGAIN STRONGLY SINCE LAST YEAR DESPITE SHARE PRICE FALLING almost 30% YoY !!!! ALL IS IMPROVING MARGINS AND OPERATING INCOMES AND USER TRAFFIC STAGGERING NUMBERS i
Non-GAAP diluted earnings per ADS
December 31, 2018. September 30,2019 December 31, 2019 YOY. QOQ
13.42 12.61 26.54 98% 110%
IF YOU ARE SCARED OF OVERVALUED TECH STOCKS THIS ONE IS DEFINITELY CHEAP TO ME AND A GREAT LONG TERM HOLDING
CHINA IS NOT DEAD SO RAISE YOUR EYES AND LOOK INTO THE FUTURE NOW (not next month or quarter), it is the FUTURE