Baidu stalls - Analysis - 23-02-2021

2021-02-23 12:07:47 GMT (Economies.com)
 

Baidu's stock (BIDU) fell 1.21% in the last session on profit-taking, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with a surge in trading volumes. 

 

Therefore we expect the stock to rise and target the resistance of 375.00.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2159
0.0014
0.1145%
1.4131
0.0095
0.6775%
Tadawul
9115.76
-51.05
0.56%
27.904
0.449
1.635%
63.331
2.942
4.872%
67.04
1.94
2.98%
1797.295
-0.650
0.036%
 
 
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