$BIDU
Added 2024-09-18 11:23:02 +0000 UTC$BIDU has been a heart breaker and tests everyones patience but I am sticking with this as long as they hold their strong fundamentals.
Another test of the wedge bottom line, followed by a bounce back up to the 50 Day MA has happened which is welcomed but we need to see more strength, we need to see a break above the 50 Day MA at $87 and holding above this level.
Ultimately, to get back to the blue line at $94 and get out of this 18 month wedge.
I am not adding down here because I have enough $BIDU but I am not going near my position.
Comments
I think they should be doing this
Gareth Neary
2024-09-18 12:48:42 +0000 UTCSame here. Long! Red on my position. The fundamentals for this company are very strong but we need a catalyst. Buyback?
DC
2024-09-18 12:35:00 +0000 UTC
