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BIDU follow up 2/13/2017

2/13/2017 – pretty cool triangle on BIDU. the ‘book’ says it should break down but not sure I trust the book these days … go w/ the flow I say. patterns worked in this case – they don’t always (see UAA) but the pattern hit at 247 and the stock dropped to 90. now we […]

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You can’t make this shit up ….

Again, folks, it’s only probability. Let me rephrase that …it’s ALWAYS probability and nothing is certain. Sometime it works and sometimes it doesn’t – worry about the losses (i.e. control the amount) and everything else will work out. All that being said I can say, with certainty, that the big players have no idea I’m […]

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BIDU follow up

was on some quick travel today and saw the “twitter-verse” (read universe) rocking and rolling about BIDU.  I remembered that I had done a post in November 2014 about Twitter and — believe it or not in March 2014 (almost a year ago).  In March, as soon as we made the new high from July […]

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BIDU follow up

11/11/2014 was too early on this count, as you can see below.  Now, we are approaching some very stiff resistance as shown.  another target is 295.  all that being said, still believe we are in the 5th wave advance here ….     03/31/2014 CLIFF NOTES: very strong probability that a 5 wave advance is […]

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BAIDU Inc … 1,2,3,4,5

Cliff Notes: looked at 190 being 5 complete and, while it did work for a while and drop roughly 20% it wasn’t … so now we sit at 226 or perhaps 240 but either way I see 1,2,3,4,5.  So, I was early but like Chipotle, believe in a year it will be much lower than […]

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about the BIDU and CMG charts …

CMG: http://bartscharts.com/2014/03/22/chipolte/ BIDU: http://bartscharts.com/2014/03/31/bidu-follow-up/  

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BIDU follow up

CLIFF NOTES: very strong probability that a 5 wave advance is complete on BIDU Here’s the last look at BIDU working on a 188 target for wave 5: http://bartscharts.com/2013/10/21/the-ray-charles-count-on-bidu/ Updated chart:

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the “Ray Charles” count on BIDU

counting waves is hard … you have to develop your eye and you have to figure out when to trust a count or just let it go and “hope” (a strategy) that the count will show itself.  I particularly like counts on long term monthly type of charts.  simply,  all the noise is filtered out […]

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