SamSuka
The Long Investor
The Long Investor

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$BIDU

Look at $BIDU go, $BABA is getting a lot of attention as it is seen as the front facing company of China but the other tech stocks out of China have been equally as impressive.

$BIDU, like the HSI is also at its 2.618 Fib in the PM now, also extended too.

I do not want to see $BIDU go much further than this without giving us a Wave 4 first, which is conveniently aligned with the 1.618 Fib level too at $98 and soon to be the 200 Day MA

This would be the perfect pull back level for us to add again.

We are a long way away from losing that wedge bottom line 3 weeks ago now.....well done to everyone who held with me

I had one instruction: Keep with this as long as the fundamentals remained undervalued, it wasn't easy but we are rewarded now.

$BIDU

Comments

Same 😂 I have parked every penny there for 6 months, because it was the only thing that looked safe to me

Lars Henning

The fundamentals made it easy for me, I just couldn’t justify selling it. Harder was to buy the dip though! Appreciate your help holding though Cap!

Nick E


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