Baidu, Inc.
Long
Updated

BIDU may be poised for another bullish wave soon

1417
BIDU may be poised for another bullish wave soon

From our previous analysis, BIDU tested 80 and later bounced aggressively near to 116.

However, the price moved back down to 80. By its nature, BIDU is profitable but also very risky, considering its price volatility as it moves up and down.

I think it's better to consider Call Options to manage the losses.

BIDU has the potential to rise again as it did before, with possible targets at 94.50, 103, and 112.

You may find more details in the chart!
Thank you and Good Luck!

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BIDU - target 1 reached and it has the potential to rise further

snapshot

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