BIDU - Phase I breakout

١ يونيو ٢٠٢٢

• I love this chart not just because how the price is acting, but this I believe provides a template for the other growth names that are beaten up.
  
• Testing 200 DMA ...positive because price is at that key level, but negative because first test rarely gives you breakout++--
  
• Big bearish candle near 200 DMA ---
  
• Any pullback above 130 should get bought up. Early, but I like this among the china name to trade near ATH in a couple of years.