BIDU/N trade ideas
BIDU - 4hour chartBIDU was close to breaking out , but short Friday and low holiday volume held it back. I got in a swing for Monday, I have a feeling it will break PM(premarket).
LONG: break of 140.85
TG1-142.5
TG2-144
TG3-145
TG4-146.44(Strong Resistance)
IF it break that with volume you could see it head to the 156--> than 162. (I will not hold that long unless its a clean movement with volume)
SL is 20-30% or around 136.5 . Use risk management and proper position size.
If it breaks to the support...
Break of 133
TG1-130.52
TG3- 124.92(Strong Support)
TG3- 114.59
BIDU SELL PUT 127 Weekly demand exp: 24 dec 30 days prem: 2.09BIDU SELL PUT 127 Weekly demand
exp: 24 dec
30 days
prem: 2.09$
cmp:135
25 nov 2020
Buy Signal: 133.55Ingenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information like stops and trade management feel free to contact me in the comment section or via private chat
BIDU - the beast is soon to awakenBidu has strong fundamentals and is working on several breakthrough technologies like autonomous driving. If my count is right we are done with the 1st minor wave of the 3 major wave, and now are headed for a small correction towards 108 region. This area could present a good risk/reward opportunity to be in for a ride until 200 or possibly to ATH at 280ish. Another great opportunity with a healthy risk/reward could be the break of the resistance at 148ish.
BIDU LongDemand Zone
Entry 133
Stop 130
target: 150;
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
BIDU Breakout finally happenedBut now we need to fight off post earnings moves. If it has good earnings I like long positions here.
BIDU Swing Trade AlertI am loving this chart and swing trade idea. Keep it on your radars, or join me on the swing. Using the weekly chart here because BIDU loves to wick, so this will keep me saner.
Inverse H&SBIDU is pushing hard!
Long entry after break of the R at neckline
Possible T2 203 to 222
After long entry level is met, possible stop at or below 125.05
Not a recommendation
$BIDU Inc Trade Setup Pre Earnings
BIDU could be a good candidate for a rally into earnings as
expectations for the Chinese stocks remain high.
Setting up for a bullish break today .
Potential entry level above $136.00
$140-144 near term targets .
PS some confusion regarding earnings date
BIDU Another Pull Back Or Failed BreakoutLooks like BIDU failed out of its sym triangle breakout but did the range breakout fail with that?
Good Earnings And BIDU Will Run!Symmetrical Triangle forming and within the triangle are two pull backs. Don't hold through earnings and be patient.
BIDU Breakout or RangingI have outlined the range in red. If BIDU continues up out of the range this would be a breakout. If it retraces back to the orange line a break below confirms the range.
Resistance became supportfollow up trade of previous idea, see link below.
Lately BIDU broke through the resistance @128 on a big green day. Since then the SP came back to test if the previous resistance became support.
Today it came very near and moved back up, so I took another trade:
Entry: 129.38
TPI: 138.3
TPII: 142.4
SL: 126
All the other indicator described in the previous trade are still valid. Just that the MACD is positive by now.
$BIDU Potential Long Entry Today
Potential long entry today after 2 inside days for BIDU.
Moving averages catching up on stock.
Volume was low Friday so sellers has no follow through.
Target to $144 as long as market remains strong.
Baidu Apollo Undervalued (Significantly)1. Baidu have had low valuation due to its stagnant growth of its core business - search engine in China, however, it enjoys a significant moat in this segment as it is the largest market share holder - therefore has network effect.
2. Baidu had been investing significantly in developing AI and autonomous driving over the past few years. Its Apollo project is as good as (if not better), than Google's Waymo. However, Apollo is valued at $1.3 billion only (3% of Baidu's market cap) due to Baidu's core business growth, and unclear roadmap of monetization of Apollo. But, Google's Waymo is valued at $30 billion. It is worth noting that only Waymo and Apollo achieved the L4 auto driving, where they begin 1000+ testing of full self driving on road. Tesla's autonomous driving had been recording data of man's driving, while Waymo and Apollo records data on full self-driving.
3. Recently, Baidu began its robotaxi test drive in Beijing, which received huge responses, had cause the stock price to break out its few months resistance level. Therefore, I believe that the break out from a technical perspective may signify huge support for Baidu in addition to its near term upward trend (typical higher lows).
4. Despite full self driving is still years before it could be full commercialised, Baidu's Apollo had also been providing smart city solutions to assist with provinces of China to solve the traffic issue. In Guangzhou, Baidu received RMB 450 million project. This may be the key monetisation way for Baidu in the next 2-3 years, which is very likely given the traffic issues have been causing waste of resources for China, thus the government is likely invest in smart transportation through Baidu. Therefore, we can expect more projects given by the government, which would be a catalyst moving forward.
5. In mid September, Baidu's management noted that re-listing in Hong Kong would gives it a higher valuation that it currently has. Therefore, we may expect a catalyst from this part.
Also, the current risk to reward ratio is worth betting on. If it breaks the current support ( breaking the low of the uptrend), then we might have to look for another entry point. However, recent pull back after break out provide a great entry point.
Another watchlist break outBIDU this was a great pattern with a great stock ready to blast off. I never would have gone to college if all i needed to do was draw a line on a chart and make bank. What are you guys trading?
THis is a predictable pattern that we will see again and again through the ear
BULLISH - Breakout soonThe ascending triangle is formed and approaching the pivot point $128.5 is a strong wall. it has been revisited several times and rejected since June. Once it breaks, tg1 $136 tg2 $145 towards earnings.
