BIDU Breakout finally happenedBut now we need to fight off post earnings moves. If it has good earnings I like long positions here.by JoeRodTradesPublished 111
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.Longby WiseinvestPublished 1
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 recommendationLongby lauraleaPublished 1
$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 Longby BullishchartsPublished 15
BIDU Another Pull Back Or Failed BreakoutLooks like BIDU failed out of its sym triangle breakout but did the range breakout fail with that? by JoeRodTradesPublished 0
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.by JoeRodTradesPublished 0
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.by JoeRodTradesUpdated 0
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. Longby ape_moPublished 0
$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.Longby BullishchartsPublished 10
Baidu Apollo Undervalued (Significantly)1. Baidu have had low valuation due to its stagnant growth of its core business - search engine in China, however, it enjoys a significant moat in this segment as it is the largest market share holder - therefore has network effect. 2. Baidu had been investing significantly in developing AI and autonomous driving over the past few years. Its Apollo project is as good as (if not better), than Google's Waymo. However, Apollo is valued at $1.3 billion only (3% of Baidu's market cap) due to Baidu's core business growth, and unclear roadmap of monetization of Apollo. But, Google's Waymo is valued at $30 billion. It is worth noting that only Waymo and Apollo achieved the L4 auto driving, where they begin 1000+ testing of full self driving on road. Tesla's autonomous driving had been recording data of man's driving, while Waymo and Apollo records data on full self-driving. 3. Recently, Baidu began its robotaxi test drive in Beijing, which received huge responses, had cause the stock price to break out its few months resistance level. Therefore, I believe that the break out from a technical perspective may signify huge support for Baidu in addition to its near term upward trend (typical higher lows). 4. Despite full self driving is still years before it could be full commercialised, Baidu's Apollo had also been providing smart city solutions to assist with provinces of China to solve the traffic issue. In Guangzhou, Baidu received RMB 450 million project. This may be the key monetisation way for Baidu in the next 2-3 years, which is very likely given the traffic issues have been causing waste of resources for China, thus the government is likely invest in smart transportation through Baidu. Therefore, we can expect more projects given by the government, which would be a catalyst moving forward. 5. In mid September, Baidu's management noted that re-listing in Hong Kong would gives it a higher valuation that it currently has. Therefore, we may expect a catalyst from this part. Also, the current risk to reward ratio is worth betting on. If it breaks the current support ( breaking the low of the uptrend), then we might have to look for another entry point. However, recent pull back after break out provide a great entry point. Longby DEHJPublished 0
Another watchlist break outBIDU this was a great pattern with a great stock ready to blast off. I never would have gone to college if all i needed to do was draw a line on a chart and make bank. What are you guys trading? THis is a predictable pattern that we will see again and again through the earLongby The_Level_TwoPublished 220
BULLISH - Breakout soonThe ascending triangle is formed and approaching the pivot point $128.5 is a strong wall. it has been revisited several times and rejected since June. Once it breaks, tg1 $136 tg2 $145 towards earnings.Longby ronskalitPublished 1
Ascending Triangle, Major Resistance, Uptrending ChannelThe price of BIDU currently walks on the lower boarder of an uptrending channel. Major resitance is @ 128 for more than 2 month now. Right below the resistance it is forming an ascending triangle. MA 50 is neutral, MA 200 in an uptrend. RSI gives room to run. MACD positive crossing. Will enter above 128 if volume picks up or the resistance break is confirmed by another candle close. TP1: 132.7 TP2: 136 TP3: 146Longby ape_moUpdated 221
Stock of the day / BIDUToday, we have a long setup to share. Here you will see a full explanation a) The price is on a major Support Zone (check the weekly chart) b) Now we can see a broken descending trendline after the price reached a significant reversal level c) On the edge of the broken trendline, we have a clear Corrective Structure (Bullish Pennant) d) Based on the previous items, we will execute long trades towards the next resistance zone at 186.63 e) Our Entry / Stop / Take profit level are the ones that you can see on the setup f) Our Break Even level is the yellow line g) We will take this setup using 1% of our capital h) Remember: Trade Safe, protect your capital, and always understand what you are doing.Longby ThinkingAntsOkPublished 113
BIDUSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing of how I think about systematic trading and the signals generated by the System T. (This is my opinion only, NOT the financial advice.) The System T is a comprehensive system which contains many components such as buy & sell signal generator, win & loss statistics, risk control & portfolio management to make sure trading is successful in the long run. Basically, for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart. Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement. (*) Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily. System T performances above will give you an idea of how it performs in the last 20 years. Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals". Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/ Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade. Thank you and good luck! --- DISCLAIMER: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only. Do your own due diligence, and take 100% responsibility for your financial decisions. Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading. - Content is for education purposes only, not investment advice. - Trading involves a high degree of risk. - We’re not investment or trading advisers. - Nothing we say is a recommendation to buy or sell anything. - There are no guarantees or certainties in trading. - Many traders lose money. Don’t trade with money you can’t afford to lose. Longby System_TUpdated 8
BIDU 2 hour trendline break probablyShould have a good move above trendline.Longby simplenothingUpdated 111
BIDU is about to breakoutBIDU has been a horrible stock to own for months (years, really). But it looks like it's headed for a nice run in the coming days / weeks.Longby LanmarUpdated 2215
BIDUi think this is good to buy here, could be a bumpy ride but this stock always is, i think all the china stuff in the news or whatever is pretty much bs, i think this one could really take off if the market cooperates, if jd.com can pop off i don't know why this can't either, if it's above 150 within a month that would be coolLongby thetraderPUpdated 1
BIDU Triple Bottom Apex breakoutBIDU is reaching the apex of the channel it has been in, while also forming a triple bottom pattern within the channel. I am suspecting a breakout towards the 135 area.Longby BBTrader29Published 1