Hey guys! Anyone eyeing on$BIDU-SW(9888.HK)? Prices are on bearish momentum. We see the potential for further dips to get in a sell entry @ 141.9 in line with which is an area of Fibonacci confluences. Probably going to short to 130.7 in line with 50% Fibonacci retracement and also a graphical swing low. I'll have my stop loss potentially at 147.2 in line with 78.6% Fibonacci projection. Prices are trading below the ichimoku clouds, further supporting our bearish bias.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.