Baidu, Inc.
Updated

Channel Break Out - BAIDU

131
-Broke out of channel creating a big bag between both 50 and 200 MA.
-Good call credit spread opportunity.
-RSI indicating oversold.
-Stop loss 210 if price continues to increase.
Note
Position: Credit call spread 215/220 12/31

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.