The Long Investor
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$BIDU
🕑 Added 2025-01-24 12:50:07 +0000 UTCPotentially a triple bottom here on the $80 level and I have been considering adding to my $BIDU position lately, solely on a Risk V Reward benefit
It has been disappointing and often gets forgotten about but their fundamentals have not changed
A return to their previous high in 2023 is a +100% gain and this would still be lower than its Fair Value above $200.
I like this potential.
If I see an new impulse wave starting, I will add.
Comments
Luc
The thing is that I could be one of them actually 😅. Just waiting to see a little reversal. I am slowly increasing my exposure to China. I feel safe doing that and I truly see it as a protection against US market downfall.
Gareth Neary
I believe so too
Luc
This one will give many people regrets one day...
