$BIDU
Added 2024-05-21 14:31:07 +0000 UTCLike clockwork, we get the Wave 2 pull back, holding support today on the confluence level on the 0.5 Fib and the 50 Day MA at $104.
A hold of support here and you have your buy signal to add to your position.
I have accumulated a lot of $BIDU between $115 - $100 so I am not looking to add right now, I am happy with my position but I would be more interested with adding to my $BABA position when it completes Wave 4.
Both are great options
Accumulating $SHOP is also high on my agenda.
Comments
What’s the case if Bidu breaks 50MA? Would that trigger sell orders?
Space Bar
2024-05-21 15:29:15 +0000 UTCLooks promising!
MK
2024-05-21 15:09:16 +0000 UTCIt’s not based on time, it’s based on testing the support line and holding, we normally look for at least two tests of the level to confirm a support
Gareth Neary
2024-05-21 15:09:00 +0000 UTCIm learning on charting. When you say ' A hold of support here', is this the closing price or intraday? thanks
jp
2024-05-21 14:54:24 +0000 UTCI'm in!
Chris
2024-05-21 14:35:57 +0000 UTC
