SamSuka
The Long Investor
The Long Investor

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$BIDU

No changes to the chart or targets here but worth looking at this again as we are seeing signs of a reversal, as the price has held on the 0.618 Fib at $102.

What we want to see next is a higher high above $111 to further confirm that a reversal is on here.

I have started a position here already and I am bullish here since the wedge breakout.

So those wondering if they should start a position should consider this.

I believe there is a 20% gain to be got here up to the 200 Day MA and a 50% gain if the price can drift up to our targets over the next few months.

I will be considering adding here soon and will alert the group when I do.

$BIDU

Comments

Hi Jedi, can you explain how this statement is true from you?

Gareth Neary

if SPY does correction, China ADR will follow

Jedi


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