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Baidu, Inc.
Long
Updated

$BIDU - Long Trade Idea

135
BIDU
This ticker popped up on my screener set based on strength.
I am waiting for the break of the downtrend before entering. Target price is 294/295

Latest News: "Chinese Search Giant Baidu to Launch ChatGPT-Style Bot"
bloomberg.com/news/articles/2023-01-30/chinese-search-giant-baidu-to-launch-chatgpt-style-bot-in-march
Note
Pre-market pushing BIDU above the downtrend.
Pre market is currently trading @ 145.
If BIDU close above $145, I will plan to initiate a long position, using the downtrend as my mental stop loss.
Trade active
snapshot
Nice break of the downtrend.
TradeAlchemy
Also on:
strengthTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
strengthTrend Analysis
TradeAlchemy
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.