The Long Investor
patreon
$BIDU
🕑 Added 2025-01-27 16:03:16 +0000 UTCSlowly redeeming itself since finding support on the $80 level, the 50 Day MA is now cleared but the next big test will be the 200 Day MA at $92 next and ultimately testing the channel breakout level at $100 afterwards.
I think we are still very early here to accumulate but holding above the 200 Day MA would encourage me to add again.
$BIDU is one of the leaders of Ai from China, so if DeepSeek is a glimpse of what China can do, then we must assume that $BIDU has similar capabilities in the pipeline.
I believe $BIDU can at least 2 X in 12 months.
Comments
PSK
Looks like $92.08 is the AVWAP from Oct. 2 2024 high. Would have great confidence if it clears and retests that point
