BIDU/N trade ideas
Don't be afraid of BAIDU, its a buy.Despite the stock halving in value in 12 months ,we see a great opportunity to get into this name, just like the other Chinese stocks it has shown enormous strength this week as the major USA stocks got slaughtered. Option traders are also seeing upside potential and betting big on a bullish outcome from the upcoming trade talks.
Entry level above pivot point $105
Target price short term $120
Stop loss below pivot $101
small bet on potential plunge on descending ATR channelsmall bet on potential plunge on descending ATR channel
BIDUbidu is in a large correction at a near end of a large drop down (primary C). However no one knows if it is done.
$BIDU Panic bounce yesterday Watching for continuation or short Looking to see if this has the legs to trade back to 105-106 Or possibly short this on early strength
$BIDU Potential Cup and Handel breakoutIn small position for BIDU, bet a potential Cup and Handel break out.
Stop Loss 106
1st target level $123.
This is only for a quick trade, not for long term holding. Will go from there.
Baidu Inc.A good Fundamental, it will be a good buy below 106
Baidu Inc.
Cyclically adjusted earnings yield:
12%
Dividend yield:
0%
Cash flow yield from operations:
9.2%
Cash flow yield TTM:
6.7%
Growth yield:
12%
Return on net tangible assets:
35%
Return on invested capital:
22%
Growth of revenue:
35%
BAIDU SET FOR $139, BULLISH.HUGE REVERSAL TRADE OPPORTUNITY IN THE CHINESE(GOOGLE) SEARCH ENGINE, EARNINGS WERE A BLOW TONIGHT.
IF MARKET CONTINUES TO GAIN STRENGTH THIS IS ONE OF THE MANY CHINESE STOCKS THAT WE SEE AS A EASY TRADE.
LONG WAY TO GO BEFORE NOTABLE FIB RESISTANCE.
$BIDU Long targeting 150 on long term , Good indicatorsRSI positive and in buy limits also MFI and stochastic . BIDU shares dropped hardly from 160 begin of 2019 to 93 lowest this year . even the downtrend seems hide some major news or headlines related to this shares but as technical indicators showing good uptrend targeting 115 - 130 then 150-160 on large scale but early to confirm .. Stoploss for this trend at 93.3 and 115 is most important resistance
Baidu ready to recover after Q2 resultsThe stock has been in negative Weekly RSI since a few weeks now...
Last time this happened in 2015, the stock had jumped up by 70% after it recovered. In terms of Risk/Return it looks very attractive as the bottom has been hit while the recovery can be significantly interesting.
Fundamentally the stock has been hurt due to global environment (china trade war / economic slow-down) and the business has for the first time seen a real slow down in revenue and earnings (especially due to investment in new tech)
However, currently the valuation fundamentally doesn't make sense.
If you include CTRIP, IQIYI and the 12.5bn cash position. It means that Baidu Core Search engine is currently valued at 10BN
This mean 1x Revenue Multiple / 2x EBITDA Multiple. Not seen many companies trading at 2x EBITDA multiple. Huge undervaluation due to sentiment..
BIDU close to strong supportline lineBIDU close to strong weekly support line. Possibly long and wait for 123 pattern for long trade. As we wait for the earnings report. Let's hope for results better than expected. Thumbs up if you agree. Here is what i'm also watching
