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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