Nike price strives to regain footing – Forecast today
Baidu, Inc. (BIDU) stock jumped higher in its latest intraday trading, with the short-term main bullish trend fully in control. Continued positive pressure comes from trading above its previous 50-day SMA. On the other hand, negative signals have started to appear in the Stochastic indicators after reaching strongly overbought levels, which may limit the stock’s upcoming gains.
Therefore, we expect the stock to rise in its upcoming trading, to target the important and nearby resistance level of 115.00, while this positive scenario remains valid as long as the support level of 105.20 holds.
Today’s price forecast: Bullish.
…
Related Posts
recent post
-
Sep 12 2025 -
Sep 12 2025
-
Sep 12 2025
-
Sep 12 2025
-
Sep 12 2025
