$BIDU
Added 2024-01-23 23:42:46 +0000 UTC$BIDU performed as well as $BABA today and their formations are very similar too....both in a descending wedge, which is bullish formation, waiting for a catalyst in order to reverse.
Today may have been the start of it but we need to see more strength to confirm it.
A break out of this wedge would be very bullish for $BIDU but first the price action needs to get back above the 0.618 Fib at $107.
The 50 Day MA is just slightly above and then we have the wedge trend line.
$BABA or $BIDU are both in undervalued levels right now.
