Baidu Inc At Risk
Offshore: Chinese search giant Baidu has trended lower over a two year period and is now vulnerable to a further long term breakdown. Support of $83-$88 is key however the monthly chart RSI is making new lows – a sign of long ter weakness. News development: President Trump eyeing crackdown of NYSE and Nasdaq listed Chinese stocks.
Trading Desk Analyst
Unum Capital (Pty) Ltd
An Authorised Financial Services Provider (FSP 564)