Happy to see a bounce of +5.5% here yesterday and managed to hold support above the wedge support line after losing it for a brief spell during the market flush down at the start of the week.
$BIDU has been moving in strong waves up and down, so I would like to see a strong response now back to the upside.
It is important for $BIDU to convert the blue line back to support at $94.
Regaining this level would also have me in the green too and I am very comfortable having an average of $94, with analysts PT at $148 for the next 12 months, with a Fair Value at $222.