Accumulating BIDU due to chart setup at low end of parallel channel with major technical support; potential for further downside acknowledged.
Bullish
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Verified InvestingPublished Oct 5 · 1 passage
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BIDU, etc. In fact, I've slowly been accumulating names like BIDU based on these type of chart setups. Look at the parallel. We're at the low end of the parallel down here. You have major technical support.
Could we go a little bit lower? Sure, we could. Maybe down here. Again, it's accumulation is what I'm looking to do on these chart setups.
What this channel has said about $BIDU
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2026-10-05BullishThis one
BIDU, etc. In fact, I've slowly been accumulating names like BIDU based on these type of chart setups. Look at the parallel. We're at the low end of the parallel down here. You have major technical support. Could we go a little bit lower? Sure, we could. Maybe down here. Again, it's accumulation is what I'm looking to do on these chart setups.