$BIDU
Added 2024-10-14 13:33:31 +0000 UTC$BIDU has flushed down at the opening and we can see that it is reaching for the 200 Day MA which is just above the 0.5 Fib at $100.
I would like to see a hold at this confluence level, otherwise there could be a larger drop, likely down to the 50 Day MA at the yellow trend line at $90.
If this is the case then I will add another 20% at this level.
