Confluence zone biduAfter collapsing through the trend line back in May, baidu has rallied back to re-test it.
Also in this zone is the 50% fib retrace off april->august drop & also the median line in pitchfork
BIDU trade ideas
Baidu lookin' like a buy at the bottom.The technicals on this chart look great and with Baidu trading at 19 x forward earnings with a market cap of a mere $49 billion... for the "Google of China," at a 27% discount to it's 52 week high, this is a very low-risk, high-reward place to buy.
BIDU-- a trend reversal pattern?on this 1 year chart a trend reversal pattern is spotted. However based on this heikin ashi it is clear that a short term downtrend is expected. One can buy put or short sell and TP at the level indicated in the chart. The red candle pierced down through the 9 sma.
BAIDU INC gap fill trade $biduPossible gap fill trade opportunity with entry level @$ 135.00 and gap fill target @ $151
Company profile
Baidu, Inc. is a Chinese language internet search company, which engages in the provision of internet search solutions and online marketing solutions. The company's products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor, or Baidu IME and Overseas Products. It operates through Baidu Core and iQIYI segments. The Baidu Core segment offers keyword-based marketing services. The iQiyi segment focuses in the membership and online advertising services. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.
BAIDU - Long Term PlanBAIDU - Bidi - buy in tranches from 115 to 100 S/L 80 (or breakout of 138.5 cleanly).
T1 - 135 / T2 - 160 / T3 - 210 / T4 - ATH
BAIDU - Long term planBuy in tranches from 115 to 100 S/L 80 (or breakout of 138.5 cleanly).
T1 - 135 / T2 - 160 / T3 - 210 / T4 - ATH
Bidu bottoming potential with gap fillChina names have been picking up steam like to see this one do the same and fill the gap. good rr above major moving averages.
After a long Downtrend, Baidu finally gives Bullish Sign!After a long Downtrend, Baidu finally gives Bullish Sign. Watch the video for more.
Strong-Buy for Baidu– ADX super-bullish
– MACD bullish
– RSI perfect
Baidu set to extend its run with a tilted reversed head-n-shoulders (completed). Quick wick to 124.50 (weekly low) before the run possible. Risk-free strong-buy if a 'weekly' candle closes above 129.16. New target 158 with highs of 161. Sell risk-free at 145, or wait for high by mid to end of January. Enjoy.
BAIDU 21 Dec 2019 trade ideaBaidu has bottomed out in August with the low of 95.66. Accumulation footprints can be seen for the last 4 months. Big hands are accumulating between 100 and 120. As long as 100 is not broken, we should see this stock head higher.
8 Nov gap up was tested twice successfully, this give us more hints about the bullish sentiments. If price is able to close above the major resistance of 130, our next resistance to look out for is 150 area.
BIDU Gap FillBIDU is forming a descending triangular flag pattern. Its also running into a gap that was previously created in price below the $114 support level. This gap goes all the way down to the $110-111 range, where it will meet 50 moving average and further support. Looking for a potential 4% move.
$BIDU Bullish on the stock but need to fill GapsPrevious trade has worked well and target hit, caution is now the stance we take, the post earnings gap needs to be filled before any major advance can take place.
Gap fill targets for the short side trade $104.64 & $109.19.
Long side trade to previous resistance but less likely as MA's are now resistance and indicators turning negative.
Company profile
Baidu, Inc. is a Chinese language internet search company, which engages in the provision of internet search solutions and online marketing solutions. The company's products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor, or Baidu IME and Overseas Products. It operates through Baidu Core and iQIYI segments. The Baidu Core segment offers keyword-based marketing services. The iQiyi segment focuses in the membership and online advertising services. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.
BIDU entry $105; hold for return to $200China stock Baidu is way down for the year and dipping this week on trade war news, but the company's earnings outlook has recently improved, with strong positive surprises on the last two quarterly reports. Based on analysts' revisions of the forecasts, I think this stock could see $200 per share again within the next two years. I should note, however, that December tends to be a bad month for Baidu, so rather than buy at the current price of $113, I suggest waiting to buy at the volume node at $105. (The average analyst price target is about $143.)
BIDU to $156Looks like the bottom is in. Indicators are Bullish, RSI + Stoch looks ready to move up.
NYSE:BIDUOn Daily, candlestick has tried to break Resistance 3times.
Heikin Ashi still in RED. Possibly it will try to close the GAP and reaching Trendline.
$BIDU Upside targets for BaiduIf you missed the post earnings rally, today may be a good opportunity to join the fun.
It seems that the stock has found support and is ready to head higher once again.
All targets are given on the chart and we remain bullish on the stock while the market remains calm.
