ABX is approaching to (E) of ABCDE Elliot Wave Triangle (Wave 2) and the volatility contraction pattern (VCP) is ongoing.
It is a good bet here.
Buy: 16.80 (above EMA8 weekly)
Stop loss: $15.50 or $15.00
Right now the chart is at the end of a pennant lasted for two years. It is time for a direction selection, up or down.
The founder recruited a former high-level executive from Microsoft for reforming $BIDU completely. They plan to focus on AI for looking for next profit source.