The Long Investor
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$BIDU - WATCHLIST -
🕑 Added 2025-05-12 19:25:10 +0000 UTCWe are back above the 50 WMA and the 50 Day MA and 200 Day MA.
I believe $BIDU can make an attempt at the channel top line next at $94 but this will likely lead up to their ER which is expected on Weds the 21st before the market opens.
I will not be surprised at any stage to see $BIDU return to its 200 WMA at $121 right now.
Chinese ADRs are moving well and the HSI has broken above its own range bound blue line today.
$BABA has already recovered and I believe $BIDU can follow.
+8.5% YTD so far but I believe $BIDU can double from here over the next 12 months.
Comments
startsmartinvest001
What a timing. I typed and erased asking community about this. Thanks for the update. I have my full position (5% of portfolio) at $89.93. I will let it run till end of the year. Are you holding BIDU CAP or mostly on BABA?
