empty
14.11.2021 03:29 PM
Bidu stock price has bullish potential.

BIDU stock price is making higher highs and higher lows after the major low in August around $135. Price has potential of reaching $200 from current levels at $170 as long as price does not break below $155. We are bullish BIDU stock on any pull back with a stop at $155, targeting $200 and next $224.

This image is no longer relevant

Green line - support trend line

Red lines - Fibonacci extension targets

BIDU stock price is trading above the green support trend line. For our bullish scenario to come true, we need price to continue to respect the green upward sloping support trend line. Next obstacle is to break above the recent high of $182.32. Breaking above it will be a confirmation of our idea and it will be highly probable that $200 will be reached. Failure to stay above $155 will cancel our bullish view on this stock.

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US stock market displaying modest growth

S&P500 Stock market update on March 26 Snapshot of the US stock indices on Tuesday: * Dow +0%, NASDAQ +0.5%, * S&P 500 +0.2%, * S&P 500 now trading

Jozef Kovach 09:21 2025-03-26 UTC+2

Stock Market Update for March 26th: S&P 500 and NASDAQ Continue Gradual Recovery

At the close of yesterday's regular session, U.S. stock indices finished in positive territory. The S&P 500 gained 0.16%, while the Nasdaq 100 rose by 0.46%. The Dow Jones Industrial

Jakub Novak 08:44 2025-03-26 UTC+2

US stock market gains new bullish momentum. Investors grasp signal that downward correction over

S&P500 Market update on March 25 Snapshot of the US stock market on Monday: Dow +1.4%, NASDAQ +2.3%, S&P 500 +1.8%, S&P 500 trading at 5,767 in a range

Jozef Kovach 11:08 2025-03-25 UTC+2

Stock Market Under Threat of Decline

Yesterday, the S&P 500 stock index posted a solid gain of 1.76%, reaching the target level of 5769 (the low from January 13). At the same time, the signal line

Laurie Bailey 04:59 2025-03-25 UTC+2

S&P 500: from euphoria to collapse

The wave of optimism that swept through US stock markets following Donald Trump's re-election turned out to be short-lived. Euphoria quickly gave way to a deep correction amid escalating trade

Anna Zotova 13:55 2025-03-24 UTC+2

US stock market on March 24: SP500 and NASDAQ gathering steam in light of news on tariffs

Today, US and European stock futures are trading higher amid signs that the next round of tariffs from President Donald Trump may be more restrained than expected. Investors responded positively

Jakub Novak 10:42 2025-03-24 UTC+2

US market attempts to rebound. Prospects of US strike against Iran support oil prices

S&P 500 Overview for March 24 The US market is attempting to rebound Major US indices on Friday: Dow: +0.1%, NASDAQ: +0.5%, S&P 500: +0.1%,S&P 500: 5,667, trading range: 5,500–6,000

Jozef Kovach 10:15 2025-03-24 UTC+2

Stock Market Outlook for March 21st: S&P 500 and NASDAQ Under Pressure Again

At the close of yesterday's regular trading session, U.S. stock indices ended in the red. The S&P 500 fell by 0.22%, while the Nasdaq 100 lost 0.33%.Asian stock indices also

Jakub Novak 10:46 2025-03-21 UTC+2

US market in consolidation phase. Trump seeks Senate backing for Iran strikes

S&P 500 Overview for March 21 The US market entered a phase of consolidation on Thursday as it struggled to define its next direction. Major US indices on Thursday

Jozef Kovach 10:10 2025-03-21 UTC+2

Federal Reserve throws lifebuoy to stock market

The wave structure on the 24-hour chart for #SPX is fairly clear. The first and most important point is the large-scale five-wave structure, which is so wide that it barely

Chin Zhao 09:21 2025-03-21 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.