Jan. 23 at 3:11 AM
$BIDU will be the silent killer. Majority of retail is exiting right at the start of the move.
Ive been following china for 3 years in depth and trading for 6.
From my experience, Baidu has the ability to go 100%+ in a quarter. Market cap and volume is peanuts compared to
$JD and
$BABA. What I interpret from this, is that Baidu has little to no eyes on it. Retail presence is miniscule unlike JD. Look at what happened to Jing Dong after jake the snake jumped on the boat. Retail got bagged hard. Not saying JD isnt going to move, im just saying theres always the one stock that goes the hardest (Baidu). Market makers can rip it quick and hard (like we have been seeing) without paying out retail calls. Everyone and their mom has Jd calls. Smart money has Bidu.
China is still contrarian but the tides are starting to turn. Bear markers don’t last forever and the CCP will step in.
Baidu’s breakout has legs, don’t sell too early like you did on MU and SNDK
See you at the top 🤞🎰🤞