HSI is now outperforming the $SPY now for the first time in 2024 and our Chinese ADRs are moving quite bullish now.
$BIDU is a position I am in and we have our breakout of the wedge now and a test of the 0.618 Fib at $107.
The plan remains the same here, a hold above this level and I will add to my position.
It is worth seeing the bigger picture here for $BIDU if this is the start of its impulse wave now
There is significant upside from here.
A hold above the 200 Day MA is what I am most interested in here at $116, this will signal a reversal and another buy will be made here.
Scott Glover
2024-05-02 13:56:39 +0000 UTCScott Glover
2024-05-02 13:56:33 +0000 UTCDerek Bealby
2024-05-02 09:07:11 +0000 UTC