$BIDU has also broken above its 50 Day MA and moving well in the PM too while there is red across the market.
Chinese ADRs continue to perform well against weak days for the US market too and hold up strong when the US is green, a comforting sight for our hedges.
We want $BIDU to hold above the 50 Day MA at $90 and make an attempt at breaking out of the channel again at $94 and this time holding, if this can happen then we can confirm a reversal and the blue line at $116 will be the next target.
tyler0912
2025-05-07 17:05:38 +0000 UTC