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Baidu

Wait for confirmation before entry long on BAIDUSupport :96.51 Resistance : 105.14 The market is ranging at the moment , we are observing the volumes because at the end of the day BAIDU is always dynamic. If the candlestick formation is confirmed to be a pullback , thanks to the volumes, it will announce a coming increasing trend . If the market strongly breaks the support line or the resistance line : The shape of the market will change. Follow the trend because they are possibility of seeing the market moving way from the actual range. Beware: BAIDU can open in the morning with a significant price change.
NASDAQ:BIDU
by Diallo_Charts_Ideas
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