SamSuka
The Long Investor
The Long Investor

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$BIDU

I am really impressed with how $BIDU has been moving and I suspect this is a glimpse into how $BABA will start moving once it gets the momentum behind it.

$BIDU is up 20% now after bouncing on the perfect 0.618 Fib at $107.

Next test will be the 200 Day MA at $133, big test here, as once the price action holds above the 200 Day MA, the trend is in favour of the bulls and the impulse wave.

Wave 3 target remains quite high here at $243.

$BIDU

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