$BIDU
Added 2024-08-16 15:07:44 +0000 UTCLess than a week until $BIDU reports before the open on Thursday and we could see a drift up continuing now until the earnings is released
I believe a lot of the concerns surrounding $BIDU are baked in now....this company is both fundamentally and technically undervalued across all metrics, they can buy their entire company right now if they wish with the equity they have.
The 50 Day MA is the next test, followed by the blue resistance level at $94.
RSI and MACD are also showing signs of reversing now too.
Comments
Accumulating undervalued positions is never a bad idea
Gareth Neary
2024-08-16 16:20:42 +0000 UTCI have been accumulating, still in the red but not by much anymore :-) did the same for BABA and JD and I am in the green with those so hopefully can get the same outcome on BIDU - let's go !!! :-)
niorthey
2024-08-16 16:12:21 +0000 UTC
