DoujinStars
The Long Investor
The Long Investor

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$BIDU

Slowly redeeming itself since finding support on the $80 level, the 50 Day MA is now cleared but the next big test will be the 200 Day MA at $92 next and ultimately testing the channel breakout level at $100 afterwards.

I think we are still very early here to accumulate but holding above the 200 Day MA would encourage me to add again.

$BIDU is one of the leaders of Ai from China, so if DeepSeek is a glimpse of what China can do, then we must assume that $BIDU has similar capabilities in the pipeline.

I believe $BIDU can at least 2 X in 12 months.

$BIDU

Comments

Looks like $92.08 is the AVWAP from Oct. 2 2024 high. Would have great confidence if it clears and retests that point

PSK


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