$BIDU going against the grain.

2022년 8월 24일

🔸️Ticker Symbol: BIDU timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long

TECHNICAL ANALYSIS: With Earnings around the corner, BIDU has shown an impressive rise in price action, regardless what the market is doing writ large. BIDU is giving us a 4x indicator of a price explosion; money momentum increasing, bounce off the lower regression channel, bullish middle band, and a key EMA crossover. With many analysts suggesting a positive review on 30 Aug, we can see that the market sees the good news around the corner as well. Tomorrow I will be looking at 23 Sep, $150 calls for 2.7; as I think $150 is a perfect price target for this stock!

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