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KhanhC.Hoang

a drop in May is an opportunity to swing BIDU back up

Baidu, Inc. (NASDAQ:BIDU)  
KhanhC.Hoang Updated   
NASDAQ:BIDU   Baidu, Inc.
Trend Analysis
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trendanalysis
Morgan Stanley likes Baidu's long-term potential as the industry pioneer in AI initiatives and autonomous driving.
Comment:
BIDU had a bullish price action on its earning report; therefore, I'm now finding entries for an expected pull back in May.
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Comment:
I'm now trading BIDU to the $175 zone.

According to TipRanks, the average price target is $191.09 with a high forecast of $234.00 and a low forecast of $160.00. The average price target represents a 43.19% change from the last price of $133.45.
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Comment:
updating my drawings on BIDU's daily chart ...
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Comment:
next stop $160
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