SamSuka
The Long Investor
The Long Investor

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$BIDU

$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.

$BIDU

Comments

Do we adjust the subwaves or something else ?

Sky 4Ever

Curious to know how wave theory will factor a trump win and by default all companies are going to be imposed tarriffs… if something is assumed wave4 and it breaks pattern how do we approach next

Sky 4Ever


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