SamSuka
The Long Investor
The Long Investor

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$BIDU

We are all keen to see how the market starts in the PM tomorrow for Chinese Tech stocks and looking for a continuation from the HSI too, $BIDU is high on my attention right now after losing a critical support level like $BABA over the last week.

Price lost the 0.78 Fib and the blue line between $92 - $94.

Next support level to test would be the yellow trend line or the last Fib support level at $83.40.

What I want to see tomorrow is the $92 regained and turning the blue line into a formidable support level.

I did not have intentions to add $BIDU again but if the price was to drift down to $83, I would be interested in adding again there.

$BIDU

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