$BIDU - WATCHLIST -
Added 2024-05-30 15:26:41 +0000 UTC$BIDU pull back has been stronger than $BABA's and the HSI as it grapples with the 0.78 Fib for support now.
We can see that there is a trend line support level from the 2022 low just below the 0.887 Fib at $96, so the price action may need to test this level again before recovering.
I think regardless, when the HSI holds support, so will $BIDU....so I am leaning towards one more buy this week with $BIDU
It will likely be tomorrow but now that I have added to $BABA and $IQ this week, my main target will be to add to $BIDU
We buy when the masses sell.
Comments
Does the further price decline / close below $96 invalidate the recovery plan or too early to tell? Thanks
niorthey
2024-06-03 21:38:40 +0000 UTC
