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.% | ||
|---|---|---|---|---|---|
|
|
|
1.1677
|
0.0006
|
0.0540%
|
|
|
|
|
1.2869
|
0.0001
|
0.0082%
|
|
|
|
Tadawul
|
8334.65
|
20.45
|
0.25%
|
|
|
|
|
23.767
|
0.410
|
1.758%
|
|
|
|
|
40.549
|
0.259
|
0.643%
|
|
|
|
|
42.43
|
0.51
|
1.22%
|
|
|
|
|
1883.095
|
10.400
|
0.555%
|
|
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