Apr. 25 at 10:03 PM
Baidu Inc. (
$BIDU) setting up clean… but here’s how I’m playing it 👇
Structure just flipped:
👉 Breakout confirmed
👉 All key MAs reclaimed
👉 Momentum shifting back in
But the real edge isn’t chasing the move…
It’s the retest.
If price pulls back into the 200DMA and holds:
→ that’s where risk/reward gets asymmetric
Setup I’m watching:
• Entry: pullback into support / consolidation
• Add: only if trend continues with volume
• Risk: lose the 200DMA → I’m out
Wave structure suggests more upside…
but only if price confirms, not just theory
No confirmation = no position.👉If this is helpful to you, tap @LiveCommander