BIDU as a proxy for other momentum stocks.The failure of BIDU after the huge earnings gap, is an ominous sign for other momentum stocks that had bull gaps.
BIDUN trade ideas
Measuring GAP in BIDU projects to over 260.If this is indeed a measuring gap in BIDU, look for the stock to get to above 260.
$BIDU Follow-Up (Price Hit Target)8-day ago, we recommended a trade that had a target price at $212 it seems that is achieved today. Congratulation! If you are interested in real-time alerts check out www.2waytrading.com
Will $BIDU Fill the earning gap?The chance that to happen increased last few sessions, and only will be health for the stock to resume upside trend. Strong ascending trend faces counter trend that does not threaten its energy but if it does that is when you initiate a long term short position until that is seen, play quick short and long trades that lasts 2-weeks to 9 weeks. We have had several trades last 2 months and almost all were winners. We expect price to cascade few times towards the the high of July 24th which will complete the process to fill the gap. Now, we have QST with target price $212.50. Stay safe and tuned for more to come.
$BIDU Has been Profitable Stock for usMany of you remember most of the trades we called this stock did pay off big time and continue to pay off. No one knows what the future holds, and we only try to share our directional bias. Not every call we post, but we like to update some of the calls. Yesterday's call was great indeed but we are far from achieving our target price $212.50 Area. We bought Sept 210 Put. Follow us for more to come.
BIDU (Follow Up)Price indeed hit target price for QST expect more drop next week. The trade closed as noted yesterday with target price. Stay safe and expect more!
$BIDU presents QST at 221.95 with stop loss at 223This is one of our quick short trade so far it paid off last few weeks all trades turned profitable. This is a short term trade, so we still wait either breakdown or upside. If u like it follow us. Stay tuned for more to come.
Hourly Chart Bearish (Failed to clear out DSL)Only for those who want to take QSL so far 5-trades all winners. Stay safe!
Gap Fill (Very likely)Hard to bet against strong trend, but recent runaway gap needs to get filled for the trend to attract a new investors. Now, many are standing sideline waiting a pullback which will help the stock to print a new all time high. Last few weeks we had a few successful trades on this security. This new QST has a target price $210 with stop loss at recent swing high. Entered at $220 today. Stay safe and tuned more to come.
$BIDU Trade Paid OffThis just republishing of our previous short call for $BIDU target hit today. Stay tuned for next trade!
Last 4-Trades All Did Well, Will this be the last winning?Last few weeks, we called right all trades in this wonderful stock...Now this QST has a target price $217 and we expect the gap to get filled for the trend to resume..The trend is up and strong, and this trade is only 1-3 weeks. If you want some profitable calls, follow us. Stay tuned!
$BIDU Heads to Our Target PriceA few weeks ago, we call that price is about to smash $200 and above and still see $208 target price achievable. So far we had 4-trades since soon all paid off big time. Good stock plus a good trade always make you smile.
Baidu looking prime Gorgeous diamond breakout mid May, pulled back once to test the 20MA and establish trend line. The RSI and MACD are very strong, with stochastics/reversal candles looking ready to knock out this short term sell swing. Will use this anticipated consolidation over the next few days to pick up some calls on either the 20MA/trend line. Il swing it into the 185 ceiling as a golden cross is on the horizon aided by a fresh weekly MACD cross and relative momentum that is climbing higher.
BIDU cup and handle with resistance at 185cup and handle pattern on monthly and daily chart. If it goes pass 170, then watch for 185 resistance. then new high very likely and can cruise above 200 in no time.
BIDU - Potential Long for TuesdayBIDU finished Thursday with some accumulation it would appear (high volume, practically no movement and finish in higher portion of candle). On Friday it was down slightly on lowered volume.. transition from strong to weak handles??? Will keep an eye on volume and spread Monday to gauge whether to buy or do nothing on Tuesday.
