DoujinStars
The Long Investor
The Long Investor

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$BIDU - WATCHLIST -

I will continue to share this chart in this bullish set up and believe $BIDU is in a strong position to follow the HSI and Chinese ADRs higher next, after finding support on the 0.618 Fib and now back above the 50 and 200 Day MA's now.

A retest of the 200 Day MA at $90.40 would be welcomed here and give another buy signal, before bouncing higher to test the channel breakout level at $101.

When this breaks out, this could move quickly in Wave 3 and the PT is the 1.618 Fib at $124.
I have been alerting that I have a position here and I have been adding lately.

$BIDU - WATCHLIST -

Comments

🚀

Danny James

Excellent timing 🥇

John McCarthy


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