BIDU trade ideas
BIDU is about to breakoutBIDU has been a horrible stock to own for months (years, really). But it looks like it's headed for a nice run in the coming days / weeks.
BIDUi think this is good to buy here, could be a bumpy ride but this stock always is, i think all the china stuff in the news or whatever is pretty much bs, i think this one could really take off if the market cooperates, if jd.com can pop off i don't know why this can't either, if it's above 150 within a month that would be cool
BIDU Triple Bottom Apex breakoutBIDU is reaching the apex of the channel it has been in, while also forming a triple bottom pattern within the channel. I am suspecting a breakout towards the 135 area.
China Stocks Detaching?Macro count here looks like we could be starting a very long uptrend Wave 3 potentially if the low is in.
BIDU set up for $139Looks like a bullish pennant finishing up for a decent pop. The overall market is not going to help so keep a tight stop.
E: 118 +/-2
T1: 127 +/-2
T2: 138.58
S: 115.75
BIDU Gap Fill ReversalBIDU reported earnings and gapped down. The very next day, 100% of the gap was filled. This typical acts as resistance and causes a reversal in the short term. I'm expecting price action to move back downward to the $118 level.
Adding to Bidu after the good earnings and rumours around IQYI Bidu results were better than expected I would say and without this new on IQYI would have reached the 140 marks but nvm I am adding to my position at 116 so good thank you for the good deal
Reached a good first support at 116 , should maintain ; next good support is 100 but I doubt this would go there again really
BAIDU BIDU BREAKOUTBIDU PT 133, bull momentum, already broke out few weeks ago, on the bottom of the yearly channel, earnings tomorrow, should benefits from CHINA-USA trade talks planned for the end of the week (trump permitted), Call Spreads 133/138 Sept, stop loss if market crash or breaks the rising triangle, risky play
BIDU - 14.71% Potential Profit - Bullish PennantUptrend Support with a Bullish Pennant forming and price breakout.
Target price set at a new potential resistance line.
- 5-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $127.52
Suggested Stop Loss $124.15
Target price $146.29
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
$BIDU Rolling the Dice on Baidu
Potential entry above $128.00 on market strength
Upside targets as per horizontal resistance levels
Very large flag pattern formed.
Bullish moving average formation.
Chinese stocks have defied all the negative newsflow recently.
This stock has a habit of giving back gains post earnings so go to the bank.
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Baidu OpinionEverything about this chart seems bullish but being bulling toward earnings is not always a good thing. I was all in until I started doing more research and they are talks about them not beating their earning estimate. That usually means a temporary decline in their stock price. I'm torn between holding through earning and waiting. Anyone trading Baidu got any opinion or thoughts on this?
$BiduLooks to break triangle with inverse head and shoulders, risky play with earnings coming up... but looks bullish nonetheless will play small.
BIDUNot for entry .. just watch the battle between ( A broken trend ) VS ( head and shoulders + candle strength )
BIDU is a laggard but I still see upside BIDU is a laggard compared to other stocks but I still see it going higher to 135-140 .
It has its earnings on the 13th of August , I dont see anything bearish in it , with moxie confirming the move .
