Baidu Ready to Take Off

Jul 10

• Baidu, like many other China-based companies, has been in a long downturn. However, China is showing signs of economic recovery and this could be a bullish sign for China's largest companies.
  *Another sign is that the stock is bouncing off a support that has been tested many times. If this support holds, Baidu could be a good investment for the next 2-3 years.

Aug 20

Note

We saw the support level again in the market correction, but there is no change in my position. I continue to hold it and I continue to predict that it will go higher.