BIDU/N trade ideas
Last 4-Trades All Did Well, Will this be the last winning?Last few weeks, we called right all trades in this wonderful stock...Now this QST has a target price $217 and we expect the gap to get filled for the trend to resume..The trend is up and strong, and this trade is only 1-3 weeks. If you want some profitable calls, follow us. Stay tuned!
Baidu looking prime Gorgeous diamond breakout mid May, pulled back once to test the 20MA and establish trend line. The RSI and MACD are very strong, with stochastics/reversal candles looking ready to knock out this short term sell swing. Will use this anticipated consolidation over the next few days to pick up some calls on either the 20MA/trend line. Il swing it into the 185 ceiling as a golden cross is on the horizon aided by a fresh weekly MACD cross and relative momentum that is climbing higher.
BIDU - Potential Long for TuesdayBIDU finished Thursday with some accumulation it would appear (high volume, practically no movement and finish in higher portion of candle). On Friday it was down slightly on lowered volume.. transition from strong to weak handles??? Will keep an eye on volume and spread Monday to gauge whether to buy or do nothing on Tuesday.