I need to see a high above $87 to confirm 5 waves and we can confirm that the bounce since $79 was an impulse wave bounce, which is all I need to see.
Earnings will be out next Thursday before the market opens, so we may see a run to the 50 Day MA at $90 before this happens (this is on the daily chart, not above)
I have a large position in $BIDU so I don't need to add anymore right now
Nick E
2024-08-15 14:03:40 +0000 UTCMatt C
2024-08-15 13:45:55 +0000 UTC