The Long Investor
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$BIDU
🕑 Added 2025-05-01 19:44:14 +0000 UTC$BIDU has bounced up to its 50 and 200 Day MA resistance level at $89.20, price may consolidate under this level but we should expect to see a breakout to the upside here shortly and test the channel top line again at $94.
We know that this is the important resistance level that needs to be flipped to support in order to confirm the reversal, the price action has not been able to do this for some time now
I have a position and I am happy with it and will not be selling until I see a return above $160.
Comments
James McCamphill
What time scale do you think it will be until $160 is hit?
