SamSuka
The Long Investor
The Long Investor

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$BIDU - WATCHLIST - HIGH PRIORITY -

Finishing the week strong with a breakout from the descending wedge which is a bullish formation.

Price has also held the 0.618 Fib at $107 and bounced, and now above the 50 Day MA.

I can also see 3 clear ABC waves in this pull back since early 2023.....and with the HSI breaking out today, this is in a strong position, along with $BABA.

$BIDU report their earnings on Weds and they have not missed on earnings since July 2015.....I will likely start a position here soon.

$BIDU - WATCHLIST - HIGH PRIORITY -

Comments

Hey bud, is this a good entry position right now?

Dillon Lay


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