Erykah "Baidu?"Mission:
You don’t need us to tell you that China’s Internet space is booming. With the world’s largest Internet user population and a long way to go to reach Internet penetration levels of developed countries, China’s Internet industry is growing in both scale and influence. And as more and more Chinese users come online, Baidu continues to innovate to meet their changing needs and diverse tastes. We aim to serve the needs of our users and customers with products and solutions that prioritize the user experience and reflect our corporate culture – simple and reliable.
Recent News:
1.BEIJING, March 17, 2021 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU) Baidu Announces Pricing of Global Offering. a leading AI company with strong Internet foundation, today announced the pricing of the global offering (the "Global Offering") of 95,000,000 new Class A ordinary shares (the "Offer Shares"), which comprises an international offering (the "International Offering") and a Hong Kong public offering (the "Hong Kong Public Offering"). The final offer price for both the International Offering and the Hong Kong Public Offering (the "Offer Price") has been set at HK$252.00 per Offer Share.The Company plans to use the net proceeds from the Offering for the following purposes: continuing to invest in technology and enhance commercialization of the Company's innovations centered around AI; further growing Baidu Mobile Ecosystem and enhancing and diversifying monetization; and working capital and general corporate purposes to support the Company's business operation and growth.
2. BEIJING, Jan. 10, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading Internet platform and AI company, today announced its plan to establish a company to produce intelligent electric vehicles (EV), and that it has entered into a strategic partnership with multinational auto manufacturer Zhejiang Geely Holding Group ("Geely"). Baidu will provide intelligent driving capabilities to power the passenger vehicles for the new venture, and Geely, which holds the distinction of best-selling Chinese automobile brand in past years under the Volvo and Geely brands, will contribute its expertise in automobile design and manufacturing.
3. BEIJING, Dec. 8, 2020 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading search engine, knowledge and information-centered Internet platform and AI company, today announced that its board of directors has authorized a change to the Company's 2020 Share Repurchase Program, increasing the aggregate value of shares that may be repurchased from US$3 billion to US$4.5 billion. The 2020 Share Repurchase Program is effective through December 31, 2022.
*Not Financial Advice
Like, Follow, Agree, Disagree!
BIDU
BIDU — Using RSI to dictate momentumVolume averages have increased throughout the last year indicating increased volatility, and in a low-vix environment with high inflation expectations subsequently an inflated market with inflated price-swings and volatility. PTs and resistances were created since last-year's trend started, showing clearly in-tact relative tops & bottoms from 2020 status quo with a double drive reversal showing its sign, persistent 2-wave behavior during this week (13) and ready for big reversal soon.
BIDU PT + Technical Observationssry i can't stop staring at these charts, but notice how crossover and divergence on 1hr RSI shows mega-wave top and bottom, and that we see a stochastics crossover today while futures absolutely rip and BIDU remains persistent in testing its respective waves. We truly are at the bottom.
Tips for Beginners Playing the Downside!Here is a quick tip on how beginners can translate what they know about playing the upside and utilize the inversion of the chart to make sense of playing the downside!
A lot of New Traders have a tough time playing the downside and this is a great way to start making sense of it!
BIDU Baidu Fibonacci Retracement target: $195China-based tech giant may receive increased oversight from Chinese regulators, in addition to threats from the U.S. about potential delistings of foreign stocks.
The U.S. Securities and Exchange Commission (SEC) has threatened to kick foreign companies off of U.S. exchanges if they don't adhere to U.S. auditing practices. (fool.com)
Fib 0.618 perfect touch: $195
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
BIDU (NASDAQ) - Be Carefull
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
BIDU - Be Carefull
Note :
1. This is just a road map
2. After u know the rod map, u need to decide what is the entry strategy, and exit strategy where we do not explain here. if u will know more, let send us message
3. If your information/knowledge is intermediate, it is very dangerous to do trade.
Cup and handle pattern on BIDUWe know the market in general terms. It's in an "overbought" situation. However, our job here is to analyze any chart and make conclusions based on what we see.
What can we see here?
-The price made a new ATH after breaking the major resistance zone.
-After that, we can see a Flag pattern on the Edge of the Major resistance zone.
-From a technical perspective, this can be considered a Cup and Handle Pattern.
The lines you can see on the chart are:
Greenline: Activation level, there we will open our setup
Redline: Invalidation level, there we will ser our stop loss, or we will cancel our setup if the price reaches it without executing our trade.
Fibo extensions: The first one is our Break-Even level, and the 2nd one is our final target
Remember: This is another setup, which means that you should be open to a stop loss or a profit. When you are trading chart patterns, you are creating an edge over 100 setups. The most likely scenario is that you can have 35 Take Profits, 40 stop losses, and 25 Break-Evens. With an average risk-reward ratio of 1.8, you are profitable. That's how a real strategy behaves.
Thanks for reading!
Random Walk Index Indicator (RWI)This is a perfect indicator to determine the trend direction!
💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲
✅ Uptrend strategy:
When RWI high (purple in this video) is above the RWI low then the trend is up.
Combine this indicator with the Fisher Transform indicator, then open long positions as per the Fisher Transform when the trend is up.
✅ Downtrend strategy:
When RWI high (purple in this video) is below the RWI low then the trend is down.
Combine this indicator with the Fisher Transform indicator, then open short positions as per the Fisher Transform when the trend is down.
Uptrend strategy:
When RWI high (purple in this video) is above the RWI low then the trend is up.
Combine this indicator with the Fisher Transform indicator, then open long positions as per the Fisher Transform when the trend is up.
Downtrend strategy:
When RWI high (purple in this video) is below the RWI low then the trend is down.
Combine this indicator with the Fisher Transform indicator, then open short positions as per the Fisher Transform when the trend is down.