One year Daily Chart
a simple comparison by dividing #BIDU / #BABA
The ratio has been kept mostly within 1.20 ~ 1.5+
Daily RSI starts to surpass 60, which potentially starts a bullish move
*** in this case, meaning Baidu will potentially starts to outperform Baba for quite sometime)
The ratio finally surpass 1.50+ again and has since mark a new High
RSI continues to stays along high levels
so long RSI did not break below leveled support, Baidu will perform better than Baba
a simple comparison by dividing #BIDU / #BABA
The ratio has been kept mostly within 1.20 ~ 1.5+
Daily RSI starts to surpass 60, which potentially starts a bullish move
*** in this case, meaning Baidu will potentially starts to outperform Baba for quite sometime)
The ratio finally surpass 1.50+ again and has since mark a new High
RSI continues to stays along high levels
so long RSI did not break below leveled support, Baidu will perform better than Baba
Nota
a total reversal! now Baba is better, ratio may gradualy drop back along 1.2 area
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.