$BIDU #supertrend #breakout#BIDU Breakout 🚀 in 1h Chart - Target 172$ 🧲
All Entry Criteria have been met:
1. Price above 10, 20 & 50 EMA ✅
2. Consolidation Phase in Uptrend ✅
3. Breakout on above average Volume ✅
9888 trade ideas
Time to Buy(du)?Baidu
Short Term
We look to Buy a break of 157.74 (stop at 147.55)
Further upside is expected and we look to set longs in early trade. A break of yesterdays high would confirm bullish momentum. Bespoke resistance is located at 155.00. The trend of higher lows is located at 147.00.
Our profit targets will be 181.51 and 199.50
Resistance: 155.00 / 182.00 / 207.00
Support: 140.00 / 115.00 / 102.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BIDU BREAKOUTHello Traders,
BIDU has been moving with the trend for the past couple of weeks bouncing of it every time. As you can see BIDU will have a breakout soon which can yield high amounts of profits with minimizing risk play as you will.
Best of luck in the markets..
RectangleBIDU appears to be in a large horizontal trading pattern.
This is a neutral pattern until a trendline is broken.
Some swing trade inside the rectangle.
The evening star is the opposite of the morning star pattern and is fairly reliable (like dark cloud clover) in predicting at least a short term reversal. It is considered a bearish reversal pattern and is found at a top.
Large bullish green candle on day 1. Small bullish or bearish candle on day 2 and the body should gap above the candles below it. It does not matter if the small candle on day 2 is red or green. This middle candle is a Doji (little or no body) or a spinning top (small body) as a rule.
Large bearish red candle on day 3 which completes the 3 day pattern.
No recommendation
Targets below the rectangle are targets down and vice versa.
BIDU longBIDU has broken out of a long term downtrend line and has now closed above the 200 day moving average. It is approaching 52 week high levels of outperformance relative to KWEB. If this stays and flags above the 200 day, it is time to go long.
BIDU - Phase I breakout
I love this chart not just because how the price is acting, but this I believe provides a template for the other growth names that are beaten up.
Testing 200 DMA ...positive because price is at that key level, but negative because first test rarely gives you breakout++--
Big bearish candle near 200 DMA ---
Any pullback above 130 should get bought up. Early, but I like this among the china name to trade near ATH in a couple of years.
Breakout of symmetrical triangle Expected to go down to 103.00, After breaking the symmetrical triangle
21/4/2022 NASDAQ (BIDU)Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $126.30 / $124.54
Target Price: $123.72 / $121.95
Stop Loss: $128.88
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.
$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.
