Baidu, Inc.
Long
Updated

BIDU Poised For Another Bullish Wave

1446
BIDU Poised For Another Bullish Wave

From our previous analysis, BIDU tested 80 and later bounced aggressively near to 116.

However, the price moved back down to 80.
BIDU is profitable but also very risky, considering its price volatility as it moves up and down.

I think it's better to consider Call Options to manage the losses.

BIDU has the potential to rise again as it did before, with possible targets at 94.50, 103, and 112.

This is the same analysis as another one that I posted some time ago related to the data because BIDU is still perfectly respecting the same picture.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
snapshot

BIDU -> +17.60% price increase

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