SamSuka
The Long Investor
The Long Investor

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$BIDU - WATCHLIST -

A needed cooling down has happened today in the HSI and we can see that $BIDU has pulled back to retest the 200 Day MA in the PM now

A hold here at $91 and Wave 2 is complete for me and next we can expect a test of the channel breakout level at $100 and attempting to breakout for Wave 3

But if the 200 Day MA is not held then a test of the 50 Day MA on the 0.5 Fib at $86 would be very attractive for us to add at if there is a hold here.

Many people will be kicking themselves that they did not add $BABA in the Buy Zone but there is always the close second with $BIDU.

$BIDU - WATCHLIST -

Comments

Someone send me some dry powder pls :(

Boons

If you subscribe to LTI. Hahah

DC

China ADRs are great to trade. Profitable trade since Tepper went all-in on Live TV.

DC


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