Baidu pierces current resistance - Analysis - 13-02-2020

2020-02-13 11:46:56 GMT (Economies.com)
 

Baidu's stock rose 2.61% in the last session, piercing the resistance of 133.94, amid the dominance of the upward medium-term trend, with support from the 50-day SMA, and positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 149.75. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1040
0.0225
2.0791%
1.2814
-0.0134
1.0338%
Tadawul
7628.34
-82.78
1.07%
16.617
-1.875
10.142%
45.015
-8.318
15.596%
50.52
-1.66
3.18%
1583.760
-59.885
3.643%
 
 
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