BAIDU BADU Elliott Wave ProjectionMy analysis is based on Elliott wave projection and support and resistance.
Buy at around 114 and shoot for 200.
BIDU/N trade ideas
BIDU Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
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$BIDU Baidu Potential Long
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Bottom FishingPost Parabolic Arc.
Most ARCS fall between the .5 and the .786 fib levels. This one fell just a bit further.
Appears to be recovering.
Negative volume is very high.
Much of the good and bad is already in the price. The market may ignore risks for a long time, then one day it will decide to focus on the risk. Then things can change and perhaps, then it is time to proceed with caution.
Mr. Market is rarely rational.
No recommendation
BIDU Bidu looks ready to take off soon if it can get over resistance around the $158 level
I've been quite skeptical trading any China stocks over the last couple months, but both BABA and BIDU have hit critical levels, and buyers have stepped in.
Stochastic and MACD momentum appears bullish as well on the daily.
BIDU now down 60% off its highs and looking oversoldBIDU is another Chinese company badly impacted by largely political factors and also like Alibaba looks heavily oversold.
Indicators show a little bit of a bullish return to the stock so could be interesting to keep an eye on.
bidu - longExpecting price to rebound sooner or later. Price is at oversold levels at the moment. Analysts target is $250.83, waiting for my edge to appear to get in but price could rise.
$BIDUThe main concern or reason for the tumble in stock price would be China’s increased regulatory scrutiny over tech firms during the past few months.
On top of that, people also might be worried about delisting threats for Chinese companies by U.S. regulators.
But on the other hand, people should look at how $BIDU is expanding its horizons, for instance, the company ventured into AI space last year, and also launched an autonomous taxi service in China.
Yet, the stock price doesn’t seem to reflect optimism or an open mind to Baidu’s evolving business.
$BIDU has two strong support levels on the major timeframes. $137 & $80.
I suggest keeping your eyes on these levels for an opportunity to go long.
Price also oversold on the daily & nearly the weekly.
- Factor Four
The worst is over for Chinese names BIDUIf you are a long term investor I hope you used the panic to top up your holdings. If you are a momentum trader you still have the opportunity to ride the bounce or accumulate your position a bit later. Possible scenario for BIDU but all names have something similar is as follows.
I treat that panic as an exhaustion and behavioural pattern confirms that so I consider the worst is over.
Personally, I played that dangerously catching falling knives and loosing hairs so my words bring some sort of hope, but from technical perspective the situation is as follows.
Another option is to treat the current leg up as a retest of the previous support but usually when you have seen that sort of panic and all the papers writing the same thing - it is just over.
I expect some turbulence at this resistance since bears will try to play down the move but final move is gonna be UP.
bidu still no signs of reprieversi and stoch both in oversold territory but no sign of reversal yet...monitor closely
$BIDU Bullish RSI divergence.Today provide a pretty big wash out but was surprised it closed higher on RSI than the recent low of a few days ago. Would be nice to see a bounce tomorrow and accumulation starting to back it. If so, it will be a possible buy for my clients and I. However, I am still waiting until September to do much buying.
Baidu, Choise for Long Term InvestmentChinese government regulatory, delisting threats, some of the reasons why price have fallen. Baidu made strong correction, has strong fundamentals, so maybe it is a good investment for long term. Q2 Earnings surpass estimates, but the price falls in the premarket. Baidu maybe will check RSI 30 oversold zone on 5 year chart (my analysis is published on 1 year chart). So this point or 0.786 fibonacci level maybe it would be a good point to enter.
BAIDU opporutnity to go Long based on fundamentals - Long terme Nice oppurtunity to maybe profit for a rebound. Stoploss zone under 147 USD.
BBZ = 82/100 USD
BIDUChina....getting absolutely clapped in recent weeks but the chart dont lie. As it is, a decending triangle is bullish more times than not. China may have their day sooner than later. Any kind of positive china news will send it. ill wait for another over reaction dip to trend support $145 to add as it is currently at the top of the range. ER Aug 12. if this pops, look for BIDU/DIDI sympathy
played out as expected! love to see it BIDU dumped after breaking support as expected, not much support left but the proifts are almost 200% on the puts, thats more than enough for me :) next area of support is 140-150... if we keep getting negative news related to Chinese plays i can see this dumping to low 100s in the future. good luck :) like and follow for more
LONGBaidu reached to major POC and Monthly EMA 200
Expect for big move up next week with earning reports.
Midweek Watch 7/21 - $BIDU LONGBelow the quarterly pivot and previous low. I’ll watch to see if it wants to continue. I get the feeling it wants to push back to these previous highs near the 181 area.
BIDU (daily) inverted chartI inverted the chart to make it easier to see the bearish perspective of the chart, ascending triangle are really easy to see. On the right side, we are currently in the last leg (E) of the falling triangle. A break of 170 would possibly bring us back to a previous top that could act as a support. But, is it doable ? Not so sure, it looks already cheap enough to attract buyers.
BIDU has currently a PE ratio around 8.50, yes only 8.50 in that market !!! We can see it as undervalue and a good buy. If China stocks comeback in the second half of 2021, that count would be invalidate. Next earnings will dictate the direction of BIDU. It will bring us back to a 200 retest or down to the target on the chart.
Everyone should be aware of both perspective, but longterm and fundamentals always win. BIDU is a great company, their revenue is increasing every year and has a lot of potential, it is also at a good price so scaling in could be a good strategy :)
BIDU support is breaking, could fall off the cliff soon.BIDU may break a very important support zone soon, with the negative news always revolving around Chinese stocks i wouldn't be surprised if it happened. id wait for confirmation of 170 support to break before going short, watching closely! target 150 if its plays out as expected. good luck! dont forget to like and follow for more ideas
There's still bearish momentum for BAIDU before go back to bullBIDU could go down lower than 177.11 to complete this zigzag correction.
There's a bearish divergence spotted in CCI but it might only show that
this downtrend is getting weak.
Once the price is lower than 117.11. I Will look for bearish divergence again
and find an opportunity to open a long position
