Baidu shakes off negative pressure - Analysis - 11-10-2021

2021-10-11 11:03:38 GMT (Economies.com)
 

Baidu's stock rose 3.54% in the last session, managing to shake off negative pressure from the 50-day SMA, with positive signals from the RSI while hurt by piercing the downward trend line recently.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 176.00, provided it holds above 152.00.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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