SamSuka
The Long Investor
The Long Investor

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$BIDU - WATCHLIST -

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.

$BIDU - WATCHLIST -

Comments

2024 China year so far

Scott Glover

I just started a position at 108.91 .. look to add again at 116 or if we drop

Scott Glover

Looking forward to the next buy notification on this one. Built a sizable position this year and ready to watch it grow

Derek Bealby


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