SHORT
ENTRY: 190.50 USD
TARGET: 133.00 USD (+30% profit)
STOP: 222.00 USD
1.) Baidu started a correction after an impressive bull run! None of the Fibonacci Retracement levels could hold as a support! Reversal coming!
2.) According to the fundamental analysis, Baidu is a clear buy recommendation.
3.) Baidu generates significant margins and is therefore very profitable. The financial situation looks excellent, which means a considerable investment capacity.
4.) Baidu is definitely a BUY at 133.00 USD!
ENTRY: 190.50 USD
TARGET: 133.00 USD (+30% profit)
STOP: 222.00 USD
1.) Baidu started a correction after an impressive bull run! None of the Fibonacci Retracement levels could hold as a support! Reversal coming!
2.) According to the fundamental analysis, Baidu is a clear buy recommendation.
3.) Baidu generates significant margins and is therefore very profitable. The financial situation looks excellent, which means a considerable investment capacity.
4.) Baidu is definitely a BUY at 133.00 USD!
Trade closed manually
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.