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BIDU FORECAST FOR Q1 2020 in line with ESTIMATES !!!!Feb 27 (Reuters) - China's Baidu Inc forecast first-quarter revenue below analysts' expectations on Thursday, amid the ongoing coronavirus outbreak in the country. Baidu, whose search engine dominates the country's market, forecast first-quarter revenue between 21 billion yuan ($2.99 billion) and 22.9 billion yuan, while analysts had expected 23.08 billion yuan, according to IBES data from Refinitiv. ($1 = 7.0128 Chinese yuan renminbi) (Reporting by Akanksha Rana in Bengaluru and Yingzhi Yang in Beijing; Editing by Shailesh Kuber) IMPACT OF VIRUS OVERBLOWN FOR INTERNET COMPANIES OBVIOUSLY !!!!! Fourth Quarter 2019 Financial Highlights BAIDU IS GROWING AGAIN STRONGLY SINCE LAST YEAR DESPITE SHARE PRICE FALLING almost 30% YoY !!!! ALL IS IMPROVING MARGINS AND OPERATING INCOMES AND USER TRAFFIC STAGGERING NUMBERS i Non-GAAP diluted earnings per ADS December 31, 2018. September 30,2019 December 31, 2019 YOY. QOQ 13.42 12.61 26.54 98% 110% IF YOU ARE SCARED OF OVERVALUED TECH STOCKS THIS ONE IS DEFINITELY CHEAP TO ME AND A GREAT LONG TERM HOLDING CHINA IS NOT DEAD SO RAISE YOUR EYES AND LOOK INTO THE FUTURE NOW (not next month or quarter), it is the FUTURE
NASDAQ:BIDULong
by PhilippeDelpCFA
BIDU KILLS MARKET GUIDANCE BY 100% TO 1.3-1.4 BN!! stock up 5%! U.S.-traded shares of Baidu Inc. BIDU, +4.44% surged in the extended session Friday after the Chinese Internet search company raised its outlook for the quarter. Baidu ADRs rallied 5% after hours, following a 1.7% decline to close the regular session at $123.56. The company said it expects adjusted fourth-quarter net income of $1.28 billion to $1.36 billion on revenue of $4.06 billion to $4.15 billion. Analysts surveyed by FactSet had forecast adjusted net income of $623.4 million on revenue of $4.02 billion. Baidu also said it was pushing its reporting date to Feb. 27 and extending its employees' Chinese New Year holiday and asking them to work from home because of "the evolving situation brought upon by the outbreak of the novel coronavirus."
NASDAQ:BIDULong
by PhilippeDelpCFA
Baidu's temporary bullish outlookThis analysis doesn't talk about Baidu's general downward trend, but rather of a temporary upward "re-testing" if you will. Baidu's earnings release is expected by end of the month which will be announced shortly. There are still more than 2 weeks worth of performance until a probable upward breakout. To investors trading it, this chart will reveal the most important points to consider before entering a position. At this point in time, the stock is not required to create higher highs, but you're definitely looking for higher lows. The stock is bullish as long as it remains above 100.25. The stock is expected to touch or break the 125MA by end of this month. Baidu's general downward trend is to continue at least end of 2020, possibly through all of 2021 with lows of sub 70's.
NASDAQ:BIDU
by UnknownUnicorn5323213
BIDU BAIDU entering in to the Long Zone LBLS analysis" BAIDU Analysis in 4H timeframe:based on trading view script LongBuyLongSellIndicator (LBLS indicator in short). Analysis as : Long: To understand completely about the LBLS indicator ,the script link is given below at the bottom.Simply click the LBLS image below that will take you the latest revision. I was going through all the time frame chart of BAIDU to identify the right entry.Here is my view and the fact about this BAIDU . Currently I think BAIDU will have a minor retracement here to retest the level before taking off to our predicted move. There is no myth to use several indicator to be good trader ,Use simple and effective Indicator of your choice which can help getting the right spot to trade and invest.Whatever it may let it be very simple to use. with the help of LBLS indicator , i check three basic yet effective rules for Entry. Long: Make sure the candle color transitioned from Black to Blue / Red to Green . The Strength-meters Here is the example of Strengthmeters with Open Pine code ,it is nothing but group of top performing indicators,Used 7 indicators to predict this.Minimum 4 or above showing in charts in the current candle or within two candles in Green Color (Red for Short). Background Color changing from Red to Green is the added advantage. Short: Opposite of the Long Logic's. In General in chart we have to see a pattern the price is moving HH for Long or LL for short. Please study the price action techniques to understand the HHHL,LLLH for predicting the market. This is key to success in market. Remember : The LBLS indicator analysis is one of the easiest methods to recognize the price moves and usually quite reliable. In General no trade occurs the way we want it to touch 100% right. if we can predict entry 6 out of 10 correctly ,we will win the Game whatever be the indicator used. If you are winning an average of 60% of your trades with strict money management, you are going to win the Trading Game for Sure! Take out the emotion ,Practice disciplined trades. with the rules of the indicator and price action ,This looks to be a good short at this point of time. Share your views in comments section. Remember for right entry point Remember for Stop Loss Remember for partial take profit Remember for closing the remaining profit The Main Script behind the Analysis: I would be happy if you give me a like ,that way you get updates without miss as I post :) Please don't forget to like if you appreciate this :) ;You can follow me to get updates. "
NASDAQ:BIDULong
by MarxBabu