Baidu's stock fell 4.43% in the last session with negative signals from the RSI while gathering momentum to help it rise anew, as it traded alongside the upward medium-term trend line, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 148.62, provided the resistance of 135.30 was breached.
Expected trend for today: Bullish