$BIDU
Added 2024-03-22 23:22:28 +0000 UTCDifficult day for the market and the vast majority of the sectors were red with some glimmer of green....$BIDU being one of them as it was announced that they are in talks to work with $AAPL on an Ai partnership.
It is understood that $BIDU has over 100 million users of their Ai software already.
The price action managed to stay above the 0.618 Fib at $102 to finished the day and week and on the outside of the wedge.
I need to see more continuation and movement away from this area next.
I recapture of the larger, white 0.618 Fib at $107 would put this in a stronger position.
A hold above this level is a buy for my position.
Comments
very good fundamentals company but it is targeted by US for political tension. still remain cautious during this period
Jedi
2024-03-23 04:35:26 +0000 UTCYep, $BIDU has no right to be around its IPO level price.
Gareth Neary
2024-03-22 23:40:41 +0000 UTCTruly mind blowing an undervalued AI giant like BIDU has to have talks with the biggest company in the world just to barely tick green. Market is so goofy. The US economy is a house of cards
ES B
2024-03-22 23:37:27 +0000 UTC
