BIDU/N trade ideas
BIDU has bottomed, massive Wave 3 incomingFrom the bottom of Mar'20 of 80$, BIDU saw a massive Wave 1 (subdivided into 5 waves). Note that Wave 3 was an exact 261.8% extension of wave 1 & wave 5 was almost a 161.8% extension of Wave 3. Then, a huge A-B-C correction, almost accurately to the 78.6% retracement of the bigger wave 1 (not coincidentally, the pre-pandemic level too!)
For the first time since July, the stock went above the 200d ema & has promptly pulled back. This might trade here for a while as there are many resistances above, but there are major support levels too. 175-176 is the next target, followed by 184 & 202
Invalidation level: 138-140 level
(PS: Alibaba(BABA) also forming a similar pattern but BIDU is more bullish. BABA badly broke the pandemic low, thanks to disappearance of a special someone)
Not an investment advice, I am long on both BIDU & BABA
Baidu Apollo and WM Motor Launch Two New Cars on October 19Baidu Apollo and WM Motor officially released two new cars on October 19, both of which are based on the WM Motor W6 SUV.
One is a new generation of the unmanned vehicle Apollo Moon mass production model equipped with LiDAR (Apollo Moon WM Motor version), and the other is a mass-production model equipped with Baidu Apollo Navigation Pilot (ANP) assisted driving system and Apollo Valet Parking (AVP) autonomous parking system. This also means that the cooperation between Baidu and WM Motor has completed full coverage from AVP and ANP to completely unmanned Apollo Moon models.
According to Baidu, the Apollo Moon version of the W6 and WM Motor W6 models with ANP and AVP both adopt the 'ANP-Robotaxi' architecture, which can achieve data generation and share at the same time.
The W6 with ANP+AVP model has 12 cameras, 5 millimeter-wave radars and 12 ultrasonic radars with L2+ autonomous driving capabilities, which means that it can realize higher-level pilot-assisted driving capabilities such as intelligent avoidance, autonomous lane changing, driving through on- and off-ramps and access to service areas.
The Apollo Moon version of the W6, on the other hand, adds one custom LiDAR system and corresponding driverless redundancy to the ANP+AVP version, allowing for fully driverless capability. It adopts a range of 46 safety technologies and 59 travel service designs with full sensor and computing unit redundancy. Even if one system fails, it can ensure that the whole vehicle still carries out driving commands and brings passengers to a safe place.
At the same time, for the Apollo Moon version of the W6, all the sub-packaging processes before the production line are independently completed by WM Motor, allowing the production process to be further optimized. Baidu also claimed the robotaxi can achieve an operating cycle of more than five years and can be put into large-scale stable operations.
BIDU Falling wedge break out follow throughBIDU broke the falling wedge.
1. MACD -- bullish
2. Above 50 day SMA.
Go to the ATH!The paper has formed a good uptrend. A fixing above the support level 171 would give a positive signal for a long-term buy long.
Fundamentals are also good, Chinese companies start to recover, you can pick up with a good discount and wait for new ATH.
On targets: the nearest unloading I plan on the mark of 230 dollars (+35%).
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Baidu Stock May Have Bottom At 140!The stock price for BIDU may have found a bottom at 140 and ready to re-test its 260 level!
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
BIDU - Indication of trend reversalonce the price breaks the neck of the double bottom, high potential for it to be uptrending
Baidu Analysis 29.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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Thank you for watching and I will see you tomorrow!
Baidu Analysis 24.09.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
strategy for BIDU thursday 09/23/2021(BIDU buy price 164.00)
(BIDU sell price 158.00)
strategy: bidu has as resistance mv 50 daily chart and double top at 163.00 it will need to open with gap near the zone of mv 50 go up violently to break the double top and then touch the buy price 164.00. If so, we must wait for the retest in the zone of mv 9 or 10 period in graph of 5mn. our objective is to take profits in the supply zone 168.00 and 169.00.
bearish strategy: our bearish entry must be confirmed below the sell price, closing price, and both mv 200 at 5mn and 15mn, if so, it would give us a strong bearish signal.
Note: remember to mark the support and resistance in the pre market and put the stop below the previous candle, we only have to lose one candle
strategy BIDU for monday 07/26/2021 (BIDU buy price 164.00)
(BIDU sell price 161.00)
strategy: BIDU has divergence between the 5mn bullish and 15mn bearish charts. we will confirm our bullish entry above mv 200 at 15mn. possible gap and go, if so we will take profits in the area of the double top 168.00.
our bearish entry: we will confirm it below the mv 200 on the 5mn and 30mn chart. there may be a possible rebound in the 160.00 area as it would be entering a gap
Baidu Finding a Bottom SoonBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 17, 2021 with a closing price of 161.86.
If this instance is successful, that means the stock should rise to at least 163.12 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 3.595% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 7.5065% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 11.633% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 40 trading bars after the signal. A 0.5% rise must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 8.0 trading bars; half occur within 25.0 trading bars, and one-quarter require at least 37.0 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
BAIDU BADU Elliott Wave ProjectionMy analysis is based on Elliott wave projection and support and resistance.
Buy at around 114 and shoot for 200.
BIDU Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
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$BIDU Baidu Potential Long
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
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Bottom FishingPost Parabolic Arc.
Most ARCS fall between the .5 and the .786 fib levels. This one fell just a bit further.
Appears to be recovering.
Negative volume is very high.
Much of the good and bad is already in the price. The market may ignore risks for a long time, then one day it will decide to focus on the risk. Then things can change and perhaps, then it is time to proceed with caution.
Mr. Market is rarely rational.
No recommendation
BIDU Bidu looks ready to take off soon if it can get over resistance around the $158 level
I've been quite skeptical trading any China stocks over the last couple months, but both BABA and BIDU have hit critical levels, and buyers have stepped in.
Stochastic and MACD momentum appears bullish as well on the daily.
BIDU now down 60% off its highs and looking oversoldBIDU is another Chinese company badly impacted by largely political factors and also like Alibaba looks heavily oversold.
Indicators show a little bit of a bullish return to the stock so could be interesting to keep an eye on.
bidu - longExpecting 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.
$BIDUThe main concern or reason for the tumble in stock price would be China’s increased regulatory scrutiny over tech firms during the past few months.
On top of that, people also might be worried about delisting threats for Chinese companies by U.S. regulators.
But on the other hand, people should look at how $BIDU is expanding its horizons, for instance, the company ventured into AI space last year, and also launched an autonomous taxi service in China.
Yet, the stock price doesn’t seem to reflect optimism or an open mind to Baidu’s evolving business.
$BIDU has two strong support levels on the major timeframes. $137 & $80.
I suggest keeping your eyes on these levels for an opportunity to go long.
Price also oversold on the daily & nearly the weekly.
- Factor Four
