Baidu (BIDU) like china google search engine = From bottom>MoonBaidu (BIDU) like china google search engine = From bottom >>> Moon
Good price for buy china stock Baidu.
S&P tested new Moon targets
Price Baidu good for long term.
Two targets:
Short-term = $149.00 - $174.00
Long-term = $234.00 - $244.00
BIDUD trade ideas
BIDU BAIDU Buy at support signalWhat can I say - I like to buy at support and sell at resistance...also to buy breakouts.
The case for BIDU - a sharp fall, 50% retracement from recent highs and a bounce off the low confirms a bottom.
A low risk entry with a stop below the low offers a good risk reward ratio.
Using CBL - count back line analysis, we can draw a line (green) from the height of the 3rd lowest daily candle and buy when price moves above this line.
BIDU: Obsolete and NotoriousBIDU has dived sharply because of its bad Q1 report which sparked several managers to quit.
This notorious giant is far behind another two giant, Alibaba and Tencent.
Although its future looks dim, a good demand zone may support the price from descending further.
Buy at 83-97
SL: below 83
TP: 162
BIDU must have a revolution as soon as possible, otherwise, more disasters are waiting for it.
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:
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Baidu will be a fantastic reversal trade if Trump makes peace.The G20 summit really can not come quick enough as the Nasdaq and DOW hang on by their fingertips to the ATH level, technology stocks in particular need a positive outcome from the Trump Xi meeting whether it be sincere or not. Baidu has fallen victim like many Chinese stocks to investors not willing to risk their cash in battleground stocks used as a pawns in a very complexe game of trade. If there is a agreement or trade peace treaty BAIDU is a must have stock to benefit from a huge reversal, keep it close to mind as the weekend approaches, despite its weak chart, technicals will not matter if fundamental change.
$BIDU Don't try to catch this Knife. Baidu has more pain to comeOMG this has been a horrible stock for the last year, its dropped so much even bottom feeders won't touch it. There is still a possible 30% for the shorts to gather before this finds a bottom at 2013 levels. If the trade climate changes with China, get into this as quick as you can, it will rocket higher. Remember just because something is cheap doesn't mean its a good buy, in the current market, keep your capital safe for brighter times.