SamSuka
The Long Investor
The Long Investor

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$BIDU

$BIDU has pulled back more than $BABA and the HSI but nevertheless, it has managed to stop bleeding and find some support above the descending yellow wedge....as we lead into a potential Fiscal announcement tomorrow in China.

I have not added again and I am happy with my holdings here.

I have added the larger impulse wave on the condition that support continues to hold here above $87.

The 1.618 Fib is at $147....which is a larger gain compared to $BABA from here, as they are not in the same wave counts right now but both are potentially moving in impulse counts.

I am holding and will stick with this.

$BIDU

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