BIDU - neutral possibility

11 Mar 2021

BIDU is a ticker that has recently been beat down. Looking at the four hour we can see that its in a falling wedge, a bullish pattern. we have a cross on on the MACD and a TTM that shows an increase. short term still seems a little bearish and an inverse cup and handle can be seen however it seems that tech is making a strong come back and hopefully that continues.

Im thinking we might see some sideways action for a little bit, bouncing up and down.