BIDU trade ideas
BIDU - Wedge Reversal Wedge reversal pattern in the process of completing this week. Look for it to hit the support line and breakout.
BIDU - next trade on this money makerOk we have been crushing this stock.. Lets keep it going!! If we break this candle it's going to the next support, 200MA on the monthly chart. I'm kinda hoping it makes a nice decision candle and then breaks.
BIDU - one more time?? Looks to be setting up for another trade here. I like exit 1 for sure, but can't count out that exit 2 if it really breaks down. If it never breaks that would be a strong bounce.
BAIDU is in consolidation?Baidu is in trading pattern 208-232+? According to ichimoku indicator that it is in consolidation state.
BIDU - look for shares to gainShare volumes are increasing alongside price increases. Look for a rip to upside soon.
BIDULook like Chinese names are improving since the news that talks will continue between US and China. I'd be looking for the test of the 38.2% resistance on the fib retracement before it pulls back again, longer term the chart is looking dangerous. It seems to have broke its uptrend from last earnings with a gap down back at the beginning of August. will be watching support around 210 if that breaks will see further weakness.
BIDU light volume but at range lowsWell, if china internet is to bounce this one tops my list. It's hard to invest in any china stocks with all the US repatriation going on right now.
BIDUTrade war and entry of Google (with restriction abiding communist party) if it happens will change the balance of BIDU dominance in China
My idea for BIDUNASDAQ:BIDU
A shooting star followed by a red candlestick. A reversal show for a short term. Might go down within Fibonacci labels. Waiting for a reversal candlesticks for the next week. Let the waiting begins.
BIDUChart used for my own historical reference. Any input is welcome.
Entry price 224.78
Target: Upper envelope
BIDU big levels in playHitting the lower WEEKLY Bollinger Band
Previous range highs as potential support.
Previous range trendline coming into play soon.
BIDU going to go BAI BAILooks like a pretty bearish setup exists on BIDU over the course of the rest of the year, with a bottom expected early 2019 at the rectangle. In Elliott wave parlance, I expect that bottom to be higher than the spike low in 2015 to constitute a running flat (with the terminal point higher than the intermediate point) -- this would put the macro extremely bullish, while keeping the micro extremely bearish.
