$BIDU - Head and Shoulder - down side $171Head and Shoulder continuing to play out.
Down side. $171.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
B1C trade ideas
$BIDU - 200EMA: BOUNCE OR BREAK?NASDAQ:BIDU
LOOKING TO PLAY $BIDU OFF OF THE 200EMA (RED LINE). CURRENT TREND HAS BEEN DOWNWARD AND I AM LOOKING FOR A BREAK BELOW THE 200EMA ON THE DAILY.
WITH A BREAK BELOW THE 200EMA I WILL BE LOOKING AT THE VOLUME PROFILE AND WATCHING TO SEE IF THE PREVIOUS BUYERS ARE GOING TO TURN INTO SELLERS (ADDING TO THE INCREASE SELLING PRESSURE).
1ST TARGET ON THE BREAK IS 190 -> 185 -> 180
***JUST A THOUGHT, JUST A TRADE IDEA***
GOOD LUCK,
BIDU - Good case 238, Best case 300, Bad case 191, Worst case173Head & Shoulder projection paid half way and reversed. Neck line rejected on reversal. Consolidating before making the next move.
Good case $238, Best case $300, Bad case $191, Worst case $173
If it breaks out about 222, we could break above the neckline and avoid bad and worst case. Short term target in that case is 240.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
BIDUBAIDU (NASDAQ:BIDU) PRICE TARGET AND CONSENSUS RATING
17 Wall Street analysts have issued ratings and price targets for Baidu in the last 12 months. Their average twelve-month price target is $273.27, predicting that the stock has a possible upside of 23.68%. The high price target for BIDU is $400.00 and the low price target for BIDU is $123.00
Baidu, Inc. provides Internet search services in China and internationally. It operates through two segments, Baidu Core and iQIYI. The Baidu Core segment offers products for uses, including Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services through its other properties and Union partners; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan, a short video app; and Quanmin, a flash video app for users to create and share short videos. It also provides Baidu Knows, a question-and-answer community where questions are asked, answered, and organized by users; Baidu Encyclopedia; Baidu Healthcare Wiki; Baidu Wenku; Baidu Scholar; Baidu Experience; Baidu Post Bar, a social media platform; Baidu Maps that offers locations, and intelligent routing and navigation services; Baidu Input Method Editor or Baidu IME, a Chinese-language mobile keyboard; Baijiahao; and DuerOS, a voice assistant platform. In addition, this segment offers online marketing services, which include pay for performance (P4P), an auction-based services that allow customers to bid for priority placement of paid sponsored links and reach users who search for information related to their products or services; other marketing services provides display-based marketing services and other online marketing services based on performance criteria other than cost per click; Apollo, an autonomous driving platform; and Baidu Cloud primarily provides AI solutions, cloud infrastructure, and other services to enterprises and individuals. The iQIYI segment provides online entertainment service, including original and licensed content; membership services; and online advertising services. The company was formerly known as Baidu.com, Inc. Baidu has strategic partnership with Zhejiang Geely Holding Group. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, China.
NOT AN INVESTMENT ADVICE.
Every investment and trading move involves risk, you should do your own research while making a decision.
Best regards
ABC BullishBIDU is traveling fast since price hit C and a hammer was formed
I am watching this but want to be a bit closer to support.
No recommendation
Possibly parabolic on first run up but has pulled back to just below the .786 fib level. Sometimes former arcs are volatile for a bit until price settles down.
BAIDU D1The Baidu search engine is one of the largest and most popular search engines in the world. In China, it ranks first in terms of its demand. The IT sector was in great demand last year. Quarantine restrictions and lockdowns have been introduced around the world that have forced people to actively use the Internet. After the collapse of the markets at the beginning of the epidemic, the market managed to recover and even reached a new historical maximum. Now the company's shares have made a deep correction and are at a fairly strong support loss. To date, a new wave of the epidemic has begun. And the situation for the shares of companies that are engaged in computer technology may repeat itself.
BAIDU D1The Baidu search engine is one of the largest and most popular search engines in the world. In China, it ranks first in terms of its demand. The IT sector was in great demand last year. Quarantine restrictions and lockdowns have been introduced around the world that have forced people to actively use the Internet. After the collapse of the markets at the beginning of the epidemic, the market managed to recover and even reached a new historical maximum. Now the company's shares have made a deep correction and are at a fairly strong support loss. To date, a new wave of the epidemic has begun. And the situation for the shares of companies that are engaged in computer technology may repeat itself.