Thesis
BIDU continues to advance within a developing Wave 3 structure after completing a multi-year corrective phase and confirming a major breakout.
Context
- Weekly timeframe
- Prolonged correction from 2021 into mid-2025
- Transition completed: downtrend → base → breakout
What I see
- BIDU stood out this week despite a weak and volatile broader market
- Higher high printed at the start of the week, followed by another +5% push today
- Breakout remains clean, with price holding above former channel resistance
- Acceptance above long-term trend support confirms impulsive behavior
- Structure remains consistent with an advancing Wave 3
What matters now
- Holding above the $155 breakout area is key
- A successful hold confirms Intermediate Wave 4 is complete
- That opens the path toward the Cycle Wave 3 objective
Buy / Accumulation zone
- Core accumulation completed earlier between $70–$90 (H1 2025)
- Additional buys executed at ~$118 ahead of the breakout
- Further adds taken post-breakout after support confirmed outside the channel
- Next opportunity comes only on a confirmed higher-degree pullback
Targets
- Cycle Wave 3 target: 1.618 Fib extension at $225 area
- Higher extensions remain possible if momentum persists
Execution note
- Patience through a 9-month base was rewarded with a +100% move
- Recent adds followed rules and structure — discipline is paying off
BIDU continues to advance within a developing Wave 3 structure after completing a multi-year corrective phase and confirming a major breakout.Context
- Weekly timeframe
- Prolonged correction from 2021 into mid-2025
- Transition completed: downtrend → base → breakout
What I see
- BIDU stood out this week despite a weak and volatile broader market
- Higher high printed at the start of the week, followed by another +5% push today
- Breakout remains clean, with price holding above former channel resistance
- Acceptance above long-term trend support confirms impulsive behavior
- Structure remains consistent with an advancing Wave 3
What matters now
- Holding above the $155 breakout area is key
- A successful hold confirms Intermediate Wave 4 is complete
- That opens the path toward the Cycle Wave 3 objective
Buy / Accumulation zone
- Core accumulation completed earlier between $70–$90 (H1 2025)
- Additional buys executed at ~$118 ahead of the breakout
- Further adds taken post-breakout after support confirmed outside the channel
- Next opportunity comes only on a confirmed higher-degree pullback
Targets
- Cycle Wave 3 target: 1.618 Fib extension at $225 area
- Higher extensions remain possible if momentum persists
Execution note
- Patience through a 9-month base was rewarded with a +100% move
- Recent adds followed rules and structure — discipline is paying off
Long term investor. Open portfolio and full thesis on eToro: etoro.com/people/maratteo
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Long term investor. Open portfolio and full thesis on eToro: etoro.com/people/maratteo
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.