Strong-Buy for Baidu
– ADX super-bullish
– MACD bullish
– RSI perfect
Baidu set to extend its run with a tilted reversed head-n-shoulders (completed). Quick wick to 124.50 (weekly low) before the run possible. Risk-free strong-buy if a 'weekly' candle closes above 129.16. New target 158 with highs of 161. Sell risk-free at 145, or wait for high by mid to end of January. Enjoy.
– MACD bullish
– RSI perfect
Baidu set to extend its run with a tilted reversed head-n-shoulders (completed). Quick wick to 124.50 (weekly low) before the run possible. Risk-free strong-buy if a 'weekly' candle closes above 129.16. New target 158 with highs of 161. Sell risk-free at 145, or wait for high by mid to end of January. Enjoy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.