BIDUOne of the weaker looking stocks out there at the moment imo. Multiple weeks of rejection at the blue trendline, 5/20 ema's, YTD VWAP, previous ath, etc. I think this will retest prior lows of$82 if $120 is lost.
B1C trade ideas
$BIDU Swing ideaSwing Idea For 4/13
trending down, taking break of previous day low & continuation short (through puts), ranging last 2 days
under 130.5 117-121 possible
#options #optionstrading
$BIDU with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BIDU after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 57.14%.
BIDU - Look out Below.. Big Bearish Move DownToday we look at BIDU
We see a Huge Bearish Descending Triangle in which we have been in for the last 280 days or so.
We can observe this as illustrated with the lower highs while we are posting the same level lows
To add to the bearish sentiment we also formed a Bearish "Bear Flag" within the same price structure.
We just broke down from the bear flag and closed below.
Looking at price action and volume we find data to support a bigger move lower as well.
We are taking longer time buying then we are selling AND the price action bars buying are far weaker than those selling. Volume supports and agrees as well.
Going into Monday we are looking for some small corrections to start the week then ADD to our PUT OPTIONS as the market continues to sell off.
First Long Term Target: $95
Ideal Re-Entry: 153-157
Trading Idea - #BaiduSHORT
ENTRY: 190.50 USD
TARGET: 133.00 USD (+30% profit)
STOP: 222.00 USD
1.) Baidu started a correction after an impressive bull run! None of the Fibonacci Retracement levels could hold as a support! Reversal coming!
2.) According to the fundamental analysis, Baidu is a clear buy recommendation.
3.) Baidu generates significant margins and is therefore very profitable. The financial situation looks excellent, which means a considerable investment capacity.
4.) Baidu is definitely a BUY at 133.00 USD!
BIDU Price TargetPrice target for BIDU is $147.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
BIDU - Multimonth trendline supportlooks like it found support where it needed to stop bleeding. don't be too quick too hop on to the long side. Needs to build above for real chance at ATH.
Baidu in downtrend tendencyStrong downtrend due to rising geopolitical and macro risks, we believe a large number of global investors are in the process of reducing exposure to the China Internet sector, leading to significant fund outflows from the sector,” the analysts wrote. “We believe Alibaba, as one of the most widely owned stocks within the China Internet sector, will continue to face stock selling pressure in the near term.
BIDU - will third time be the charm?
holding above daily MA ++
MACD signal is green on 3D chart ++
Downtrend broken +
Trendline resistance ---
Overall bearish market sentiment -
Overhead VWMA resistance ---
Likely that it tests VWMA at 164 (on news?) and pulls back into the ER. if it builds above 150, could see 225 level soon after. still early, but should be on the focus list for 2022.
BAIDU resumed uptrend; BO MA20 ma50 & the cloudBaidu has entered back inside the upchannel. It went down to retest the diamond pattern but bounced off MA20 & held above ma 50, the cloud, the diamond & also the strong volume pivot at 153.
I think accumulation period is done & ready for rally. It will have a golden cross in a few weeks going above the cloud. ABC correction bottomed.
Not trading advice
BIDU: Diamond BO failed; Big red cloud aheadUnlike previous diamond BO, BIDU did not have volume conviction this time. Good news is that it held the Channel support above 153. I think it have to consolidate more to flush out more sellers as it enters the thick red cloud. Maybe sellers will run out & buyers will start to come in with volume support,
Be patient & wait for the next BO with volume.
It may be good to start DCA dollar cost average in with a tight cut loss in case BIDU breaks below the Diamond. Be very cautious as Alibaba has fooled us once with its first diamond reversal & may fool us again with its second diamond.
Not trading advice
BIDU Swing tradeMultiple bottom and seems to have broken and retested resistance line.
down over 30% from 52 week high.
Moving averages look to be getting closer. Golden cross incoming soon in my opinion. 200sma acting as resistance right now.
Rsi still okay.
Pt: 208.44
DYOR.
Good buying opportunity for BaiduIf you buy now , you are banging on the support level at 174.46 will hold and it will break out of the triangle pattern.
The last 3 times it hit this level in March , May and June 21 , it failed to go higher than 225 level , signalling weak buying sentiment. Thus, to be conservative, one can wait for the breakout with a bullish signal before considering going long.
Please do your own due diligence.
BIDU: Sell at Resistance? Baidu - Short Term - We look to Sell at 179.26 (stop at 190.59)
We look to sell rallies. Trading within a Bearish Channel formation. Bespoke resistance is located at 180.00. We look for a temporary move higher. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 180.00, resulting in improved risk/reward.
Our profit targets will be 146.53 and 138.50
Resistance: 180.00 / 200.00 / 220.00
Support: 150.00 / 140.00 / 135.00
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BIDUChina is it ready to run now?
Looks like 160 is the crucial level to break. once its clears it target 190
Loose at 160 130-122 it could bottom
Ichimoku:BIDU Sometimes you get more when you lose. Ichimoku:BIDU Sometimes you get more when youif you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
My trading behavior report is available at the link below.
I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and stock indexes.
Quality needs your long-term follow-up verification.
Your support and comments are the driving force of my update! and Thank you lose.
Baidu Bottomed!Hello,
In my opinion Baidu has bottomed, the same as the HangSeng index is doing.
Target will be the upperband of the purple trendzone.
Enjoy!
Baidu Is Entering A Parabolic Uptrend.This might be hard for people to comprehend in the short term but the chart seems quite clear here, We're in the early stages of what appears to be a wave 3 of larger degree - which will see prices rise for quite some time, Peoples hatred towards china will prevent them from making money.
Ichimoku: BIDU The search that a lot of people useIchimoku: BIDU The search that a lot of people use
Someone is searching for the question.
Some people search for knowledge.
Some people search for souls.
I search for ideals
looking for you expectingly among the crowd, only to find you are away from me as far as the twinkling lights.
If you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
My trading behavior report is available at the link below.
I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and stock indexes.
Quality needs your long-term follow-up verification.
Your support and comments are the driving force of my update! and Thank you
strategy for BIDU monday 01/24/20200BIDU: sell zone ( 165.00 ) ( 164.00 )
opening above (158.00) bullish entry to the sell zone. in case of a break of the sell zone next continuation price ( 166.00 )
bearish trend of the previous day bearish continuation price ( 156.00 ) possible fall to the buy zone ( 151.00 ) ( 150.00 )
BIDURejection at downtrend/1.272 fib extension. Could potentially drop to $122 if the resistance holds imo.
