$BIDU
Added 2024-11-20 20:53:37 +0000 UTC$BIDU earnings are out before the market opens tomorrow, the market clearly feels that they will not be good and has allowed the share price to fall down to the very last Fib support now at $83 on the 0.887 and hold above this level leading into earnings.
$BIDU has been suffering the most from a lot of the Chinese ADRs we follow but arguably has the strongest fundamentals....there is a clear disconnect here
I am still holding and we were in the same situation as we were in Sept too, at this exact level and the price then rose to $116.
$BIDU need to surprise the market tomorrow to offer a chance of a reversal.
Comments
bidu in Wave 5.
J. D
2024-11-22 15:53:55 +0000 UTC
