Sep. 22 at 9:17 PM
💡 Will
$BIDU find support below
$100 and turn higher into year-end?
Elliott Wave analysis shows BIDU completed a 5-wave rally from the April 2025 low into
$165, then started a 3-wave zigzag correction. Wave (A) fell to
$106 and wave (B) rebounded to
$152.
Wave (C) is still unfolding and likely needs one more leg lower to finish 5 waves. The
$92–
$78 Blue Box is the equal-legs area where buyers often appear.
A dip below
$100 into that zone could complete the correction and spark a reversal. That reaction may launch a new upside cycle or at least produce a 3-wave bounce.
Full analysis https://elliottwave-forecast.com/stock-market/baidu-bidu-bullish-turnaround-below-100/
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