Bidu extremly oversold#bidu earning coming tomorrow before market. #bidu exetremly oversold on 4h and daily chart but i still expect Bidu will retest at 121-122$. IF #bidu can hold above 121-122$, expect bounce back to 128-130$ IF #bidu droLongby pninh09110
BAIDU Stock Chart Fibonacci Analysis 082023 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 129.4/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.by fibonacci61800
BIDU Baidu Options Ahead of EarningsIf you haven`t sold BIDU here: or reentered on this dip: Then analyzing the options chain and the chart patterns of BIDU Baidu prior to the earnings report this week, I would consider purchasing the 115usd strike price Puts with an expiration date of 2024-3-15, for a premium of approximately $10.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptions1
BIDU - Looking to hold ATLSBIDU has printed two straight red candles, the last of which a bearish engulfing. Looks intimidating. So no full-size positions here, yet. But we have ATLS off the May 25 SL and broken DTLR off the Jun 20 SH. That $143 area is a great position for stops but I need to see BIDU try to repeat the 7/19 open but actually hold the gains before I consider any position. Still, willing to go long if BIDU can print the case. Twelve days to earnings.Longby timtriceUpdated 2
$BIDU - Long - Inverse Head/ ShoulderABOUT NASDAQ:BIDU Baidu is a Chinese multinational technology company specializing in internet-related services and artificial intelligence. It was founded in January 2000 by Robin Li and Eric Xu and is headquartered in Beijing, China. Baidu is often referred to as "China's Google" because, like Google, it started as a search engine. However, it has since expanded its offerings and provides a wide range of products and services, including: Baidu Search: Its core service, a web search engine used by millions of Chinese internet users. Baidu Baike: An online encyclopedia similar to Wikipedia, where users can create and edit articles on various topics. Baidu Maps: A mapping service that offers location-based services, navigation, and real-time traffic information. Baidu Cloud: Provides cloud computing and storage solutions for individuals and businesses. Baidu Tieba: A social media platform where users can create forums and engage in discussions on various topics. Baidu Translate: A language translation service similar to Google Translate. Baidu Wallet: A mobile payment service for online and offline transactions. In recent years, Baidu has been heavily investing in artificial intelligence (AI) research and development. It has worked on projects related to autonomous vehicles, natural language processing, computer vision, and voice recognition, among others. WHY NASDAQ:BIDU ? Out of all the stocks that surfaced on my screener, Baidu ( NASDAQ:BIDU ) has captured my interest due to the presence of an inverse head and shoulder pattern. The stock meets several criteria on the screener, including trading on above-average volume, trending above the moving average (MA), and exhibiting a high Average True Range (ATR). EXECUTION PLAN My plan is to enter a LONG position once the stock price crosses above the neckline of the inverse head and shoulder pattern. The target for this trade will be set at $335, which represents the 100% extension of the distance between the head and the neckline. Additionally, to manage risk and secure profits, I intend to scale out a portion of my position when the stock reaches approximately the 61.8% extension of the distance, specifically at $250.Longby TradeAlchemy1
BIDU, Inversed Head and Shoulders patternMy eyes are glued to Baidu stock, ticker BIDU, as it is forming a perfect trade/invest opportunity for me. Pattern I love the most, Inverse Head and Shoulders on the Weekly time frame. Things to consider: 1. My first entry point would be right above the 200MA on the Weekly time frame, though the pattern would not be finished on that price level sitting at $146-147, I would like to get some action once the stock breaks this level. 2. My stop loss for this entry would be a bit tight, I don't want to let the action plays around. I want a straight up move and clean progress to the higher price levels. So, the SL will be sitting at $137 level. 3. My second entry will be placed right at the break of the neckline of the Inverse Head and Shoulders pattern. Price level to watch and consider as potential adding to a position would be around $154 to $161 price range. I know, it is a bit large price gap but I am willing to add to positions on those levels. 4. My stop loss for the second entry will be sitting at $147, just above the 200MA level. 5. I will be targeting the $255 level, as that price level would be the same length as the length from Head to Neckline is. Of course, as always, please do your due diligence. I am aware of the risks of trading and investing, also, I am investing my own cash. Please take care of your money!Longby De_Banis226
$BIDU at weekly resistanceNASDAQ:BIDU at weekly resistance. Pullback much needed to grab the liquidity at the 200 dma and propel it forwardLongby praveen.casimir111
a drop in May is an opportunity to swing BIDU back upMorgan Stanley likes Baidu's long-term potential as the industry pioneer in AI initiatives and autonomous driving.by KhanhC.HoangUpdated 1
NASDAQ - BAIDU - Long Swing TradeIn Favour: 1. DOW in play 2. Reversal achieved Against: 1. Economic Indicators (Unforeseen)Longby Phaisal7860
Baidu (9888) is currently consolidatingBaidu (9888) is currently consolidating between HKD123 and HKD112.80. A daily close above HKD123 could be a catalyst for a quick retest of HKD129.10 resistance or even HKD139. However, a daily close below the HKD112.80, which is also the April-May 2023 lows, could trigger further selling pressure and a potential retest of HKD101.60 support.by Boring_Trader0
Long $BIDUNASDAQ:BIDU has broken with good volume and started the next leg of rally. SL closing below 20 DMA.Longby sachin1337Updated 5
BIDU - Potential Long Position on Ascending ChannelBIDU has been moving in an Ascending Channel since November 2022, providing a bullish sentiment. It has tested the lower bound of this channel, near the 0.5 Fibonacci level, and seems to be holding it as support. The 50-day moving average crossing over the 200-day moving average back in February strengthens this bullish bias. However, the price is currently below both MA50 and MA200 and is within the Ichimoku cloud, suggesting a period of consolidation. The negative MACD line indicates short-term bearish pressure. A potential trade opportunity could arise if we see a strong bounce from the current price level of around $124.74. I'd suggest considering a long position with a stop-loss around $113 (just below the lower Bollinger Band) and a take-profit at the channel's upper resistance near $161.16 and $209.09. The overall trend looks promising, but as always, keep a close eye on market developments and adjust your trading plan as needed. Trade safe!Longby Askhat_Kulchiyev1
Baidu’s share profits wiped in the first quarterBaidu, Inc. shares (symbol ‘BIDU’) lost all of the profits made in the first quarter of the year and is currently trading almost exactly at the level of early January. The company is expected to report its earnings for the fiscal quarter ending March 2023 on Tuesday 16th of May, before market open. The consensus EPS is $1,57 compared to the result for the same quarter last year of $1,38. ‘ Xiaodu Technology, the artificial intelligence division of Chinese internet giant is set to release its inaugural mobile phone in late May which is great news for Baidu’s investors since they might be integrating their AI bot, ERNIEbot, into the smartphone. This would increase the revenue of the company and potentially support its share price by boosting it to the upside.‘’ said Antreas Themistokleous, an analyst at Exness From the technical analysis perspective the share is trading on a very strong technical support level which consists of the 50% of the weekly Fibonacci retracement level and also just above the lower band of the Bollinger bands. Even though the 50 day moving average is still above the 100 day moving average it is currently on the move to cross below which is the most probable scenario once the late aggressive sell off is taken into perspective. The Stochastic oscillator is not indicating any overbought or oversold levels allowing for a possibility of major movement happening in the coming sessions. by Exness_Official1
BIDU - Inverted H&SInverted H&S experiencing the right shoulder, this is a common formation structure and a good one for the bulls Experiencing the right shoulder up move currently. In a larger overall down channel but we wont talk about that now. by Bixley1
BIDU AnalysisOn the weekly timeframe, price is on an uptrend. However, price took liquidity at 156.77 and is unable to close above that level. Price recently created equal highs at 160.88 and broke market structure to the downside. At the same time, there are equal lows created at 125.77 which is near the bullish POI at 124.11. Since price is consolidating between 125.77 and 160.88, and we have a bearish break of market structure, the probability of price heading lower to take out the equal lows first will be higher. I'm expecting price to continue lower into the bullish POI before a continuation to the upside.Shortby Keeleytwj664
BIDU or BABAOne year Daily Chart a simple comparison by dividing #BIDU / #BABA The ratio has been kept mostly within 1.20 ~ 1.5+ Daily RSI starts to surpass 60, which potentially starts a bullish move *** in this case, meaning Baidu will potentially starts to outperform Baba for quite sometime) The ratio finally surpass 1.50+ again and has since mark a new High RSI continues to stays along high levels so long RSI did not break below leveled support, Baidu will perform better than Bababy Qijun168Updated 3
Cup and HandlePrice is not to EL/156.87. Price needs to break EL with and uptrend. Possible stop under 126.32. No recommendation. by lauralea223
BIDU —— just a pitch deck!!Online, some people said immediately after the event that Baidu wouldn’t have shied away from chatting with Ernie Bot live if it had mature capabilities. “I get it, it’s not ready yet, just a pitch deck!!” wrote one viewer on the event’s English-language live stream on YouTube. “Two words: that’s it,” wrote another on the Chinese Twitter-like platform Weibo, adding: “What was on display is just a patchwork version of Baidu Baike,” referring to the company’s Wikipedia-like product. Baidu shares also fell on the day of the conference, although the later rebound, but from the 1-hour chart, in a wide range of oscillation, 155 this position has been adjusted 3 times have not been broken, MACD green area is also gradually reduced again, technically speaking the oscillation will continue, we wait for an intra-day shorting opportunityShortby CryptoParadiseVIP1
Baidu Pulls BackChinese Internet stock Baidu more than doubled between November and early February. Now some traders may be eying its current pullback. The first pattern on today’s chart is the $131 area. It was a low on February 24 and again last week. Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA on February 8. That may suggest BIDU's longer-term trend has turned more bullish. Third, stochastics are rebounding from an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation7
BIDU+2*COPBIDU COP Baidu, Inc - BIDU ConocoPhillips - COP I bought 2 shares of COP for every one share of BIDU - No stop loss. ---- Happy Trading! Longby PairsniperUpdated 19
BAIDU Forecast for February 2023Baidu will attempt to catch up by utilizing their AI capabilities, such as the chat GPT.. However, the stock continues to declineShortby cakpras333
Cup and HandleThis is not to EL yet. Price should clear the left side of the cup to break up from this pattern. Possible stop under the handle low or where you see support. Targets are calculated using the depth of the cup (83.19) No recommendation/Earning 2-21 BMO/neutral unless cup is brokenby lauraleaUpdated 444
Expecting more chop in this area for the next month or soBig gap up this morning on BIDU I think we correct a bit and start to maybe maybe a long term cup and handle on the daily chart @CuznEddieTradesShortby Trading_Mafia_0