$BIDU on the move Looking for $148, $150 then $152, it is prone to taking a punch from the news so buyer be ware.
BIDU/N trade ideas
Bidu triggers a buy pointBIDU shows bullish sentiment as the largest Chinese Internet company. Technically, we observe a U-shape reversal with a strong Friday's close, which may open a path for the price to reach the previous long-term high. Monitoring for continuation.
BIDU - 4hour chartBIDU was close to breaking out , but short Friday and low holiday volume held it back. I got in a swing for Monday, I have a feeling it will break PM(premarket).
LONG: break of 140.85
TG1-142.5
TG2-144
TG3-145
TG4-146.44(Strong Resistance)
IF it break that with volume you could see it head to the 156--> than 162. (I will not hold that long unless its a clean movement with volume)
SL is 20-30% or around 136.5 . Use risk management and proper position size.
If it breaks to the support...
Break of 133
TG1-130.52
TG3- 124.92(Strong Support)
TG3- 114.59
BIDU SELL PUT 127 Weekly demand exp: 24 dec 30 days prem: 2.09BIDU SELL PUT 127 Weekly demand
exp: 24 dec
30 days
prem: 2.09$
cmp:135
25 nov 2020
Buy Signal: 133.55Ingenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information like stops and trade management feel free to contact me in the comment section or via private chat
BIDU - the beast is soon to awakenBidu has strong fundamentals and is working on several breakthrough technologies like autonomous driving. If my count is right we are done with the 1st minor wave of the 3 major wave, and now are headed for a small correction towards 108 region. This area could present a good risk/reward opportunity to be in for a ride until 200 or possibly to ATH at 280ish. Another great opportunity with a healthy risk/reward could be the break of the resistance at 148ish.
BIDU LongDemand Zone
Entry 133
Stop 130
target: 150;
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
BIDU Breakout finally happenedBut now we need to fight off post earnings moves. If it has good earnings I like long positions here.
BIDU Swing Trade AlertI am loving this chart and swing trade idea. Keep it on your radars, or join me on the swing. Using the weekly chart here because BIDU loves to wick, so this will keep me saner.
Inverse H&SBIDU is pushing hard!
Long entry after break of the R at neckline
Possible T2 203 to 222
After long entry level is met, possible stop at or below 125.05
Not a recommendation
$BIDU Inc Trade Setup Pre Earnings
BIDU could be a good candidate for a rally into earnings as
expectations for the Chinese stocks remain high.
Setting up for a bullish break today .
Potential entry level above $136.00
$140-144 near term targets .
PS some confusion regarding earnings date
BIDU Another Pull Back Or Failed BreakoutLooks like BIDU failed out of its sym triangle breakout but did the range breakout fail with that?
Good Earnings And BIDU Will Run!Symmetrical Triangle forming and within the triangle are two pull backs. Don't hold through earnings and be patient.
BIDU Breakout or RangingI have outlined the range in red. If BIDU continues up out of the range this would be a breakout. If it retraces back to the orange line a break below confirms the range.
Resistance became supportfollow up trade of previous idea, see link below.
Lately BIDU broke through the resistance @128 on a big green day. Since then the SP came back to test if the previous resistance became support.
Today it came very near and moved back up, so I took another trade:
Entry: 129.38
TPI: 138.3
TPII: 142.4
SL: 126
All the other indicator described in the previous trade are still valid. Just that the MACD is positive by now.
$BIDU Potential Long Entry Today
Potential long entry today after 2 inside days for BIDU.
Moving averages catching up on stock.
Volume was low Friday so sellers has no follow through.
Target to $144 as long as market remains strong.
