If you haven`t sold BIDU here: Then you should know that looking at the BIDU Baidu options chain ahead of earnings , i would buy the $105 strike price Calls with 2022-12-16 expiration date for about $4.75 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Price target for BIDU is $147. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Expecting price to rebound sooner or later. Price is at oversold levels at the moment. Analysts target is $250.83, waiting for my edge to appear to get in but price could rise.
Still following nicely, double top faceoff before full recovery, finishing last leg down before continuing megawave up to Xi's top secret moonbase.
Volume 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...
sry 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.
Following basic price action, SPY market recovery imminent in my opinion. Expecting a melt-up to ATH's this April, back on the bull for BIDU.
BIDU is looking good again. We can long again. 1. Golden Pocket at $177 - $180 2. FIB level support 3. 200 day EMA 4. oversold RSI 5. MACD under histogram on the daily
Video Breakdown on $BIDU! Currently in a Descending wedge heading towards our daily support!
OTM BIDU calls have been printing every single week on the EV hype. You might be afraid to buy in after a monster run out of its long bear trend. Don't be afraid because it is going much higher. A birdie told me that a stock split will be announced very soon. Don't sell calls options or you will lose your shares. Buy in heavy and let it run to $380. The split is...