The Long Investor
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$BIDU - WATCHLIST -
🕑 Added 2025-02-13 11:58:09 +0000 UTCWe are now above the 200 Day MA, above the triangle breakout level at $93 and now pushing to make a higher high above $96.30 in the PM.
This is why we added at $88 and up +9% now in a few days.
Making a higher high confirms the trend and the next test will be the yellow trend line at $100 for me, above this level and Wave 3 is next at $117 at the 1.618 Fib
If we see some holding above the triangle breakout level at $93 this week, this is considered a buy entry which may happen as the market waits for their earnings report next Tuesday before the market opens.
Comments
DiegoTheSabre17
If it starts breaking out prior to earnings, should we consider this a strength on what is to come? or forget all that and bring out your Stan Weinstein i.e. follow chart pattern solely?
