BIDU is a ticker that has recently been beat down. Looking at the four hour we can see that its in a falling wedge, a bullish pattern. we have a cross on on the MACD and a TTM that shows an increase. short term still seems a little bearish and an inverse cup and handle can be seen however it seems that tech is making a strong come back and hopefully that continues.
Im thinking we might see some sideways action for a little bit, bouncing up and down.
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.