What is this?

HISWAI shows you what’s connected to topics that interest you, and where to find more. HISWAI members can curate information with dashboards to gain insights, proper context and stay up to date on the latest relevant information. Sharing these discoveries with others is easy too!

help

Want to know more?

When the Price of Baidu BIDU Talks, People Listen - Stock Traders Daily

< Go Back

Date: 2022-08-06 11:57:53

Tags for this article:

Article Text:

August 05, 2022, 19:15 pm ET, BYChris-Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Source: Stock Traders Daily

Longer Term Trading Plans for BIDU
  • Buy BIDU over 133.78 target 152.01 stop loss @ 133.39 Details
  • The technical summary data tells us to buy BIDU near 133.78 with an upside target of 152.01. This data also tells us to set a stop loss @ 133.39 to protect against excessive loss in case the stock begins to move against the trade. 133.78 is the first level of support below 138.2 , and by rule, any test of support is a buy signal. In this case, support 133.78 is being tested, a buy signal would exist.

  • Short BIDU under 152.01, target 133.78, stop loss @ 152.45 Details
  • The technical summary data is suggesting a short of BIDU as it gets near 152.01 with a downside target of 133.78. We should have a stop loss in place at 152.45though. 152.01 is the first level of resistance above 138.2, and by rule, any test of resistance is a short signal. In this case, if resistance 152.01 is being tested, a short signal would exist.

Swing Trading Plans for BIDU
  • Buy BIDU over 152.01, target n/a, Stop Loss @ 151.57 Details
  • If 152.01 begins to break higher, the technical summary data tells us to buy BIDU just over 152.01, with an upside target of n/a. The data also tells us to set a stop loss @ 151.57 in case the stock turns against the trade. 152.01 is the first level of resistance above 138.2, and by rule, any break above resistance is a buy signal. In this case, 152.01, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short BIDU near 152.01, target 137.92, Stop Loss @ 152.45. Details
  • The technical summary data is suggesting a short of BIDU if it tests 152.01 with a downside target of 137.92. We should have a stop loss in place at 152.45 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 152.01, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for BIDU
  • Buy BIDU over 152.01, target n/a, Stop Loss @ 151.66 Details
  • If 152.01 begins to break higher, the technical summary data tells us to buy BIDU just over 152.01, with an upside target of n/a. The data also tells us to set a stop loss @ 151.66 in case the stock turns against the trade. 152.01 is the first level of resistance above 138.2, and by rule, any break above resistance is a buy signal. In this case, 152.01, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short BIDU near 152.01, target 137.92, Stop Loss @ 152.36. Details
  • The technical summary data is suggesting a short of BIDU if it tests 152.01 with a downside target of 137.92. We should have a stop loss in place at 152.36 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 152.01, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

BIDU Ratings for August 05:

Term →Near Mid Long
Rating Neutral Weak Weak
P1 0 0 114.03
P2 130.84 131.80 133.78
P3 136.74 137.92 152.01

Get Notified When our Ratings Change: Take a Trial


BIDU Long Term Analysis for August 5 2022


BIDU Swing Trading Analysis for August 5 2022


BIDU Day Trading Analysis for August 5 2022

Evitar Corte monitors the FOMC for Market Crash signals:
AD

Original Source: https://news.stocktradersdaily.com/news_release/1/When%2Bthe%2BPrice%2Bof%2B%2BBaidu%2BBIDU%2B%2BTalks%252C%2BPeople%2BListen_080522071502.html