WhiteLove
25th February 2016, 20:15
In my last post I mentioned that the markets would turn around and that the Baidu stock will climb to "at least" 170 USD per stock. When I made that prediction I was pretty certain the direction would be right, but the "at least" was kind of a bit depending on how that journey would be. On Monday it topped at 169.45. Honestly I'm not updated about the current scenario right now, I have not done the kind of research I did back then, but it is definitely worth noting that in the middle of the recent market recovery suddenly again comes this pretty heavy decline by -6,5% in China, this shows that the traders are pretty nervous and that the underlying issue is still active. Something is cooking, something big.