Holding above the 50 and 200 Day MA's now and we can see that the 50 Day is about to cross the 200 Day for a Golden Cross, this could be a positive bullish catalyst.
The set up is there in a bullish wedge too and it is in the right sector.
If the price can continue to hold above $122 then I expect a bounce up to the wedge top line next at $142, holding above this level and I expect a move up to the top blue line at $212.
$PDD and $BIDU both look good here.