$BIDU
Added 2025-04-07 19:39:22 +0000 UTCLower low has just about been made today so the impulse wave can not be valid.
So unfortunately we are waiting for support to be found now.
The price started 2025 at $77 and is now at $80, little progress but relative to the US market it has done ok.
However, we need to see support confirm soon
The blue line can be tested again at $73 which was the low in 2022, we want to see this level hold, otherwise it can get painful for $BIDU
Fundamentals do not merit the price to be this low but it is getting caught up in the tariff war.
I am holding and will add again when support is found.
Comments
Thanks for that
John McCarthy
2025-04-07 19:41:34 +0000 UTC
