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BIDU - Baidu.com Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Apr 1, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Next time its all on you! ;)
     
  2. Gambit

    Gambit Active Member

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  3. StockJock-e

    StockJock-e Brew Master
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    Watching BIDU for a move over $185
     
  4. tbw875

    tbw875 Active Member

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    Anyone else see this as a massive rising wedge starting July 2013?
     
  5. fidelgeorge

    fidelgeorge Well-Known Member

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    Either that was a dive to let all the shorts out or we are going much lower. I'm more to the positive with a letting others in.
     
  6. StockJock-e

    StockJock-e Brew Master
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    Well that was a quick move up and above 200!
     
  7. bigbear0083

    bigbear0083 Content Manager
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    ER after the bell today.

    Here's the consensus & whisper #'s:

    [​IMG]
     
  8. fidelgeorge

    fidelgeorge Well-Known Member

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    I wonder why people think 220’s is coming into play this week at this point no one knows anything. Overreaction says $250 this week
     
  9. fidelgeorge

    fidelgeorge Well-Known Member

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    Fell yesterday at market open but reversing to upside from $226 level. If it crosses $235 then reversal from downside is confirmed.
     
    Charles Noble likes this.
  10. Charles Noble

    Charles Noble Well-Known Member

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    Hoping today is the day this does a big breakout up and over 270+ once and for all!
     
  11. StockJock-e

    StockJock-e Brew Master
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    Seems to want to stay in that $240 level
     
  12. StockJock-e

    StockJock-e Brew Master
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    Looking for $260 here
     
  13. Elliottwave-Forecast.com

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    Baidu (BIDU) Resuming the Bullish Cycle

    Baidu, Inc. (NASDAQ: BIDU) is one of the largest Chinese multinational technology companies specializing in Internet-related services & products and one of the premier AI leaders in the world.

    Last week, Baidu has reported excellent results in Q4 which helped its stock to bounce +15%. Solid margin expansion and good developments on several fronts were on the headlines behind the recent rally which switched the opinion of many major investment firms to the bullish side.

    We at Elliott Wave Forecast believe the market is ruled by the technical aspect and fundamental news comes in the second place to drive the price to a pre-determined direction. Therefore, we’ll take a look at the 4H chart of BIDU and analyse it using the Elliott Wave Theory.

    BIDU 4H Chart 02.20.2018
    [​IMG]

    Since October 2017 peak, BIDU did a typical 3 waves correction to the downside which reached equal legs area $211 – $198. Up from there the stock started a new cycle higher and looking to break above $275 peak later on to open a bullish sequence higher.

    Currently, the stock ended 5 waves from the lows and expected to see another 3 waves correction which could take it back toward $230 – $218 area before resuming higher again. However, until the stock manage to break above October peak, a double correction lower can still take place.

    To have a better perspective about BIDU, we’ll switch to the monthly chart :

    BIDU Monthly Chart 02.20.2018
    [​IMG]

    The Chinese giant Baidu, is showing an incomplete 5 swings bullish sequence from all time low which is different from the regular 5 waves move , as this advance is part of the double three 7 swings structure which suggest more upside toward the target at equal legs area $347 – $406.

    BIDU seems to have already ended the 6th swing correction the the red wave x and started the next leg higher. The move will support the rest of related technology stock and we expect the sector to see more upside in the coming years until BIDU achieve its target.

    Consequently, after a break above October 2017 peak, BIDU will have a short term bullish sequence and we would favor buying the pullbacks in 3 , 7 or 11 swings whenever available.
     
  14. KyleLennon

    KyleLennon Member

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    Baidu is up over 5%. The stock has recovered from recent lows, which occurred because of tariff concerns spurred by recent political rhetoric between the US and China.

    Baidu, the largest Internet search engine in China, has transformed from a mobile-centric to an AI-focused (artificial intelligence) company. Baidu has a potential to achieve a breakthrough in AI-based apps or services, including autonomous driving. Baidu views itself as a tech company and has been actively investing in AI for many years.
     
  15. KyleLennon

    KyleLennon Member

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    Baidu shares are down 10% today. The company announced that Qi Lu, the COO, will resign effective July 2018.

    Qi Lu is apparently “no longer able to work in China” and he's leaving Baidu for “personal and family reasons.”
     
  16. KyleLennon

    KyleLennon Member

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    Sitting on a cash pile of over CNY 100 billion, Baidu has ample dry powder to invest in technology, particularly in artificial intelligence, as well as merger and acquisition opportunities.
     
  17. StockJock-e

    StockJock-e Brew Master
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    Recent lows around the $160 level, I am keeping an eye on it to see if that can hold
     
  18. bigbear0083

    bigbear0083 Content Manager
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    earnings after the close today

    [​IMG] Baidu.com Inc. (BIDU) is confirmed to report earnings at approximately 4:30 PM ET on Thursday, February 21, 2019. The consensus earnings estimate is $1.79 per share on revenue of $3.88 billion and the Earnings Whisper ® number is $1.85 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 23.83% with revenue increasing by 7.18%. Short interest has increased by 62.1% since the company's last earnings release while the stock has drifted lower by 7.8% from its open following the earnings release to be 20.1% below its 200 day moving average of $212.87. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, January 22, 2019 there was some notable buying of 5,233 contracts of the $175.00 put expiring on Friday, June 21, 2019. Option traders are pricing in a 6.7% move on earnings and the stock has averaged a 6.5% move in recent quarters.
     

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