BIDU trade ideas
Good buying opportunity for BaiduIf you buy now , you are banging on the support level at 174.46 will hold and it will break out of the triangle pattern.
The last 3 times it hit this level in March , May and June 21 , it failed to go higher than 225 level , signalling weak buying sentiment. Thus, to be conservative, one can wait for the breakout with a bullish signal before considering going long.
Please do your own due diligence.
BIDU: Sell at Resistance? Baidu - Short Term - We look to Sell at 179.26 (stop at 190.59)
We look to sell rallies. Trading within a Bearish Channel formation. Bespoke resistance is located at 180.00. We look for a temporary move higher. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 180.00, resulting in improved risk/reward.
Our profit targets will be 146.53 and 138.50
Resistance: 180.00 / 200.00 / 220.00
Support: 150.00 / 140.00 / 135.00
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Ichimoku:BIDU Sometimes you get more when you lose. Ichimoku:BIDU Sometimes you get more when youif you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
My trading behavior report is available at the link below.
I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and stock indexes.
Quality needs your long-term follow-up verification.
Your support and comments are the driving force of my update! and Thank you lose.
Baidu Is Entering A Parabolic Uptrend.This might be hard for people to comprehend in the short term but the chart seems quite clear here, We're in the early stages of what appears to be a wave 3 of larger degree - which will see prices rise for quite some time, Peoples hatred towards china will prevent them from making money.
Ichimoku: BIDU The search that a lot of people useIchimoku: BIDU The search that a lot of people use
Someone is searching for the question.
Some people search for knowledge.
Some people search for souls.
I search for ideals
looking for you expectingly among the crowd, only to find you are away from me as far as the twinkling lights.
If you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
My trading behavior report is available at the link below.
I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and stock indexes.
Quality needs your long-term follow-up verification.
Your support and comments are the driving force of my update! and Thank you
strategy for BIDU monday 01/24/20200BIDU: sell zone ( 165.00 ) ( 164.00 )
opening above (158.00) bullish entry to the sell zone. in case of a break of the sell zone next continuation price ( 166.00 )
bearish trend of the previous day bearish continuation price ( 156.00 ) possible fall to the buy zone ( 151.00 ) ( 150.00 )
Can you find a BETTER place for BAIDU to reverse? Pls commentThis Baidu chart suggests that the CCP regulatory risks may be ending soon.
Baidu have completed an ABC wave 4 with a DIAMOND reversal pattern.
Wave 5 on going & the smaller wave 2 may be bottomming at this very ideal place.
Pls see chart for my reasons why.
Pls do make & share your own analysis.
JICPT| bloody day for Chinese stocks amid fear of delistingHello everyone. SEC has finalized rule that allow it to delist foreign stocks for failure to meet audit requirement. Rumor has it that the rule is aimed to target Chinese stocks. Didi, a ride-hailing companies listed in US a few months ago, announced on Friday that it plans to delist from New York Stock Exchange.
That triggered selloff of Chinese stocks, BABA and Biu were down 8% plus and 7% plus respectively. NIO fell more than 11%. HK stock exchange is where they might go after delisting from US.
The key is the Public Company Accounting Oversight Board (PCAOB), which was created in 2002 to oversee the audits of public companies. Chinese regulators repeated denied the requests from PCAOS to inspect the audits of Chinese firms that list and trade in the US. . Don't be too scared it'll take at least 1 year and a few months for SEC to delist companies. However, I can see that decouple is happening right now, like the supply chain.
For US investors, better stay away from Chinese stocks listed in the US. If you're keen to hold, just buy those listed in HK market.
As mentioned previously in my post, I kept on buying ETF that having exposure to Tencent and BABA listed in HK. The current valuation is really attractive.
Revenue Reaches CNY 31.9 Bn as Baidu Announces Q3 2021"Baidu Core delivered another solid quarter, powered by our AI cloud revenue growing 73% year over year," said Rong Luo, CFO of Baidu. "With a diversified AI portfolio, including cloud services, smart transportation, smart devices, self-driving, smart EV and robotaxi, we are well-positioned for long-term growth."
Total revenues were CNY 31.9 billion, increasing 13% year-on-year.
Revenue from Baidu Core was CNY 24.7 billion, increasing 15% year-on-year; online marketing revenue was CNY 19.5 billion up 6% year-on-year and non-online marketing revenue was CNY 5.2 billion, up 76% year-on-year, driven by cloud and other AI-powered businesses.
Revenue from iQIYI was CNY 7.6 billion, increasing 6% year-on-year.
Cost of revenues was CNY 16.1 billion, increasing 26% year-on-year, primarily due to an increase in traffic acquisition costs, content costs and cost of goods sold related to new AI business.
Research and development expense was CNY 6.2 billion increasing 35% year-on-year, primarily related to personnel-related expenses.
Operating income was CNY 2.3 billion. Baidu Core operating income was CNY 3.7 billion and Baidu Core operating margin was 15%. Non-GAAP operating income was CNY 4.7 billion. Baidu Core non-GAAP operating income was CNY 5.8 billion and Baidu Core non-GAAP operating margin was 24%.
For the fourth quarter of 2021, Baidu expects revenues to be between CNY 31.0 billion and CNY 34.0 billion, representing a growth rate of 2% to 12% year-on-year, which assumes that Baidu Core revenue will grow between 5% and 16% year-on-year.
The COVID-19 situation in China is evolving and business visibility is limited. The above forecast reflects Baidu's current and preliminary view, which is subject to substantial uncertainties.
Long | BIDU | week end 11/19/21NASDAQ:BIDU
STRONG BUY
Possible Scenario: LONG
Evidence: Price Action , Dark pool activity, Options flow.
Entry point: current price, it can drop more but not important.
TP1: 176$
TP2: 180$
TP3: ATH at 182$
Call options 12/03/21 strike 190$
Call options 11/19/21 strike 180$
*This is my idea and could be wrong 100%.
