Baidu appears attractive

Baidu appears attractive

– As per the relative weekly chart view, Alphabet is starting to under-perform Baidu.

– On a stand-alone basis, Baidu appears attractive as a recovery share from it’s mid-2018 peak around 270. On the daily chart we have positive with RSI breakout while the price is extended well below it’s 200-day MA. My TP would be $188 with a stop-loss of $153.

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