Baidu, Inc.Long
BIDU moving average confluence
BIDU sits on the moving averages that are in "confluence" (close together nearly overlapping), this creates a strong reinforced support area for the price to bounce up off of and continue its journey upwards.
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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.