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.
