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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