BIDU trade ideas
BIDU - 1 Week Short - Classic Head & shouldersBIDU has formed classic H&S. Formed the same pattern 3 months ago. 1st target: $113.80; 2nd target: $111; 3rd target $106.70. STOP loss: $122. Good Luck!
BIDUBIDU long spots in the green zone.
Orange zone are mid level targets for green entries.
Red zone are longer term targets for green entries.
Lines are levels of interest. Good entry/exit spots.
$BIDU 20% upside potential in BaiduAfter yesterdays massive move it is well worth identifying they potential targets and stumbling blocks in the way.
On the chart I have highlighted the ultimate upside target to fill the large gap and the (blue lines) outline where we believe that the move will stall and rally from.
It is highly unlikely that the move will not be without considerable pullbacks so it is possibly wise to ladder into any position and then turn extra bullish above $134.
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
High IV Rank Trade Put on $BIDU #BIDUWill be most likely holding into earnings. If the market uses mean reversion & we see it trend back to the mean **after earnings breakout** will add to this position.
GL
A good Buy on Baidu??Guys,
I think we could have good buy signal on Baidu..
Technically Waze trend and Fisher indicators are telling us that we are in oversold conditions.. we are near the 2012 botton..
Foundamentally we have a Great income and a great FCF.
IT IS NOT AN INVESTING ADVICE
BIDU 11/1 tradesWent long $103 weekly calls at $.50. Sold early at $.84. $1.37 was the HOD for these calls, but very happy with 65% gain. More BIDU plays ahead.
Baidu's temporary bullish outlookThis analysis doesn't talk about Baidu's general downward trend, but rather of a temporary upward "re-testing" if you will. Baidu's earnings release is expected by end of the month which will be announced shortly.
There are still more than 2 weeks worth of performance until a probable upward breakout. To investors trading it, this chart will reveal the most important points to consider before entering a position. At this point in time, the stock is not required to create higher highs, but you're definitely looking for higher lows. The stock is bullish as long as it remains above 100.25. The stock is expected to touch or break the 125MA by end of this month.
Baidu's general downward trend is to continue at least end of 2020, possibly through all of 2021 with lows of sub 70's.
BIDUWant to see it hold here for move higher. Double inside months. Price action respecting $95.35 from 7/13 monthly ignition bar.
BIDU Bottom LagsBIDU has been in a bear business cycle since early 2018. This downtrend remains intact as the slope of the highs remains downward. High Frequency Traders gapped the stock down recently.
Short now, then LongOverall monthly downtrend. Shorting opportunity soon.
Long-term long position when it arrives at buy zone - wait for bullish reversal on the daily chart
pls go upi made an offering to the Chinese bull gods and they answered with the starting of a trade deal. Im long asian stocks for a lil bit before the world ends in the next financial crisis, GXC coming up nxt
Don't be afraid of BAIDU, its a buy.Despite the stock halving in value in 12 months ,we see a great opportunity to get into this name, just like the other Chinese stocks it has shown enormous strength this week as the major USA stocks got slaughtered. Option traders are also seeing upside potential and betting big on a bullish outcome from the upcoming trade talks.
Entry level above pivot point $105
Target price short term $120
Stop loss below pivot $101
small bet on potential plunge on descending ATR channelsmall bet on potential plunge on descending ATR channel
BIDUbidu is in a large correction at a near end of a large drop down (primary C). However no one knows if it is done.
$BIDU Panic bounce yesterday Watching for continuation or short Looking to see if this has the legs to trade back to 105-106 Or possibly short this on early strength
