English
Back
Download
Log in to access Online Inquiry
Back to the Top
Trading ideas
Views 1.1M Contents 475
avatar
Kaylenelxy joined discussion · Jan 17, 2022 17:29

Check Baidu out !

Hey all ! Check out $BIDU-SW(9888.HK) ~ Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. I can expect price to push further down from the pivot level in line with 38.2% Fibonacci retracement towards potential take profit level in line with horizontal support and 61.8% Fibonacci projection. My bearish bias is further supported by the Ichimoku cloud indicator where it is acting as a resistance.
Check Baidu out !

Potential Pivot level @ 148.8
Potential Take profit level @ 133.5
Potential Stop Loss level @ 156.1

$Baidu 5xLongSG220511(DBDW.SI)
$Baidu 5xShortSG220511(DBFW.SI)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
1226 Views
Comment
Sign in to post a comment
    avatar
    Kaylenelxy
    Active trader !
    93
    Followers
    3
    Following
    371
    Visitors
    Follow
    Heat List
    US
    SymbolMini ChartPrice
    TSLA
    Tesla
    -- 240.480
    NVDA
    NVIDIA
    -- 116.505
    MU
    Micron Technology
    -- 94.245
    NKE
    Nike
    -- 67.645
    PLTR
    Palantir
    -- 87.640
    Reassessing Chinese Assets
    Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.