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Buying Opportunity is not that far

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BATS:BIDU   Baidu, Inc.
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If price holds previous swing low or December low, the chance to bounce back to $93.30 is very high, and probably it will try to test $97-$98. This counter trend bounce which in most cases is a short term trade can give you dual benefit from long position and shorting once it finishes its upside bounce. In the long term, the stock is in a sustained downtrend and probably will stay sometime to come. If you decide to go long place stop loss 2% below where you enter with target price 93.30/97.5. Join us www.woowtrading.net

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.