The Long Investor
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$BIDU
🕑 Added 2025-04-25 11:32:47 +0000 UTCWe have been happy with the bounce so far on the blue support line and the price action is right back at the 50 and 200 Day MA which are at the same level now at $90, so we know this is an important confluence level for the bulls to recapture and hold for support.
Holding above this level and we are back to where we were at the start of March, so I am happy to see a recovery here so far.
Holding above $90 and I would expect a bounce to test the channel breakout level at $95 next.
I have added in 2025 and happy with my position and believe $BIDU is undervalued, so if you are considering a position then you are close to where I have added here.
