$BIDU has a habit of making people sweat and then bouncing on a support level that it must hold on.
This happened in early September for the start of Wave 3 and we have a test of the wedge trend line and a bounce today.
I said in the group earlier that we can relax a little bit once the $94 support level is held, which would bring this above the 0.618 Fib level too.
As with $NIO, we want this to be the start of Primary Wave 3 now, so this bounce is likely subwave 1, when it completes, we can add in the subwave 2 support levels.
Sky 4Ever
2024-10-28 16:43:44 +0000 UTCSky 4Ever
2024-10-28 16:43:27 +0000 UTC