Baidu BIDU Technical Data

Source: Stock Traders Daily

Longer Term Trading Plans for BIDU
  • Buy BIDU slightly slightly over 112.45 target 132.70 stop loss @ 112.13 Details
  • The technical summary data tells us to buy BIDU near 112.45 with an upside target of 132.70. This data also tells us to set a stop loss @ 112.13 to protect against excessive loss in case the stock begins to move against the trade. 112.45 is the first level of support below 117 , and by rule, any test of support is a buy signal. In this case, support 112.45 would be being tested, so a buy signal would exist.

  • Short BIDU slightly under 132.70, target 112.45, stop loss @ 133.08 Details
  • The technical summary data is suggesting a short of BIDU as it gets near 132.70 with a downside target of 112.45. We should have a stop loss in place at 133.08though. 132.70 is the first level of resistance above 117, and by rule, any test of resistance is a short signal. In this case, if resistance 132.70 is being tested, so a short signal would exist.

Swing Trading Plans for BIDU
  • Buy BIDU slightly slightly over 123.04, target 132.70, Stop Loss @ 122.68 Details
  • If 123.04 begins to break higher, the technical summary data tells us to buy BIDU just slightly over 123.04, with an upside target of 132.70. The data also tells us to set a stop loss @ 122.68 in case the stock turns against the trade. 123.04 is the first level of resistance above 117, and by rule, any break above resistance is a buy signal. In this case, 123.04, 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 slightly near 123.04, target 116.33, Stop Loss @ 123.4. Details
  • The technical summary data is suggesting a short of BIDU if it tests 123.04 with a downside target of 116.33. We should have a stop loss in place at 123.4 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, 123.04, 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 slightly slightly over 118.39, target 123.04, Stop Loss @ 118.11 Details
  • If 118.39 begins to break higher, the technical summary data tells us to buy BIDU just slightly over 118.39, with an upside target of 123.04. The data also tells us to set a stop loss @ 118.11 in case the stock turns against the trade. 118.39 is the first level of resistance above 117, and by rule, any break above resistance is a buy signal. In this case, 118.39, 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 slightly near 118.39, target 116.33, Stop Loss @ 118.67. Details
  • The technical summary data is suggesting a short of BIDU if it tests 118.39 with a downside target of 116.33. We should have a stop loss in place at 118.67 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, 118.39, 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 September 23:

Term →Near Mid Long
Rating Weak Weak Weak
P1 0 0 112.45
P2 118.39 116.33 132.70
P3 123.37 123.04 150.92

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BIDU Long Term Analysis for September 23 2022


BIDU Swing Trading Analysis for September 23 2022


BIDU Day Trading Analysis for September 23 2022

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Baidu (NASDAQ: BIDU) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for BIDU change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BIDU is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for BIDU too.  All of these are offered below the Summary Table.