Get started
BAIDU INC DRNBAIDU INC DRNBAIDU INC DRN

BAIDU INC DRN

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals Bonds

BIDU34 trade ideas

BIDU (daily) inverted chartI inverted the chart to make it easier to see the bearish perspective of the chart, ascending triangle are really easy to see. On the right side, we are currently in the last leg (E) of the falling triangle. A break of 170 would possibly bring us back to a previous top that could act as a support. But, is it doable ? Not so sure, it looks already cheap enough to attract buyers. BIDU has currently a PE ratio around 8.50, yes only 8.50 in that market !!! We can see it as undervalue and a good buy. If China stocks comeback in the second half of 2021, that count would be invalidate. Next earnings will dictate the direction of BIDU. It will bring us back to a 200 retest or down to the target on the chart. Everyone should be aware of both perspective, but longterm and fundamentals always win. BIDU is a great company, their revenue is increasing every year and has a lot of potential, it is also at a good price so scaling in could be a good strategy :)
NASDAQ:BIDU
by Willgau13
4
$BIDU - Busted triangle target $220 to $230The triangle was busted. It looks like its playing out single bust. $230 is the neck line of H&S that played out before. So it can climb above $230 it can reach $280. Good case - $220 Better case - $230 Monster bullish case - $280 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
NASDAQ:BIDULong
by PaperBozz
$BIDU - Best - $249, Good - $230, Bad - 193Recovered from Head and shoulder breakdown. Best case - 249 Good case - 230 Bad Case - 193 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
NASDAQ:BIDULong
by PaperBozz
1
$BIDU - Long Trade Opportunity Above 205BIDU has a really clean setup this week! We're sitting right at the 203/205 resistance, meaning long trades are valid at any point above it. We will likely make a quick trip up to 223, then 228 if it starts running. Above that it's clear skis up to 264, though it's unlikely we reach that far. The only reason I even included that is because ROKU blew me out to the upside last week, and I don't want to get pantsed again. I know many traders are eyeing this trade and the open interest on it is huge, so there may be some fun gamma action and MM trickery with this one. Regardless, insanely clean technical setup. I'm personally going long above 205
NASDAQ:BIDULong
by FluxTrades
BIDU: ICHIMOKU LONG SWING TRADEBIDU : Baidu is back above the long term trend line that was supporting the price for a long time. The last candle has also reintegrated the cloud and the lagging span broke the kinjun and tenkan. All the above indicate a potential bullish trend reversal . I'm now switching from bearish to neutral/bullish. Good enough for me to initiate a long swing trade . All targets and resistances are on the chart. Note that BABA has a very similar chart. Trade safe.
NASDAQ:BIDULong
by Elpidaldo