Stock of the Day: Baidu — Will Buyer's Remorse Turn Support Into Resistance?
Stock of the Day: Baidu — Will Buyer's Remorse Turn Support Into Resistance?
There are only a few guarantees in the stock market. One is that it is always trending. It is either going up, down, or sideways. Another guarantee is that sooner or later the trend will change.
股票市場中沒有什麼是確定的，除了股票在不斷的趨勢變化。要麼上漲，要麼下跌，要麼震盪。另外一個保證是趨勢遲早會改變。
Shares of Baidu may have broken their recent downtrend. They may be about to form a new uptrend. That's why Baidu, Inc. (NASDAQ:BIDU) is our Stock of the Day.
百度的股票可能已經打破了最近的下跌趨勢。它們可能即將形成新的上漲趨勢。這就是爲什麼納斯達克股市(BIDU)是我們今天的股票之一。
When a stock is headed lower the bears are in charge. They have more shares to sell than the bulls have to buy. So, to find someone to buy their stock, the bears have to force the price down. This makes the shares trend lower.
當股票價格向下走，空頭佔據優勢。他們有更多的股票要賣出，而多頭要買的股票少。所以，爲了尋找買家，空頭不得不把價格壓低。這會使股票價格趨向下跌。
When the price gets low enough, new buyers will become interested and enter the market.
當價格降到足夠低的時候，新買家會對市場表現出興趣。
At this point, the price stops heading lower. The stock either trades sideways or starts to move higher. This action is illustrated on a chart when the stock crosses or 'breaks' the downtrend line.
此時，價格停止下降。股票要麼橫向交易，要麼開始上漲。當股票穿過或“打破”下降趨勢線時，這種行動可以在圖表上說明。
This could be an early indication that the tide is about to turn. The bulls may be about to take over.
這可能是一個早期的跡象，潮流即將翻轉。多頭可能即將接管。
When a stock is trending higher, the bulls have more shares to buy than the bears have to sell. As a result, they need to push the price higher to draw sellers off of the sidelines. This creates a new uptrend and it may be about to happen with Baidu, Inc.
當股票呈上升趨勢時，多頭有更多的股票買入，而空頭賣出的股票少。結果，他們需要把價格推高以吸引賣家。這創造了一個新的上漲趨勢，百度股票也可能會發生這種情況。
If it does, there is a good chance it runs into resistance and pauses at or reverse off of the $95.00 level.
如果是這樣，百度股票有很大的機會會在95.00美元水平遇到阻力並暫停或反轉。
As you can see on the chart, this important price level was support for Baidu in late April and early June. And sometimes levels that were previously support can turn into resistance. This is due to buyer's remorse.
正如圖表所示，這一重要價格水平在4月底和6月初對百度公司提供了支撐。有時，之前的支撐水平可能會變成阻力水平，這是由於買家的後悔而引起的。
Many of the people who bought their shares while the stock was at this support now regret doing so because they have a losing position. A number of these remorseful buyers decide to eventually get out at breakeven if they can.
許多人在股票處於這種支撐水平的時候購買了股票，現在他們後悔了，因爲他們的頭寸虧損了。其中一些懺悔的買家最終會努力達成盈虧相抵的情況。
They don't want to hold the shares, but they don't want to lose money either.
他們不想持有股票，但也不想虧錢。
As a result, if the shares rally back up to $95.00, they will be placing sell orders. If there is a large enough concentration of these orders it will cause resistance to form at the level that had previously been support.
因此，如果股票價格再次上漲到95.00美元，他們將會掛出賣單。如果這樣的賣單集中在一個地方，它就會在之前的支撐水平形成阻力。
Stocks are always trending. Eventually, this trend will change and trading profits will follow. This could happen with Baidu.
股票始終處於趨勢之中。遲早會出現趨勢變化，而交易利潤也會隨之而來。這也可能會發生在百度公司。
Now Read:
現在就閱讀吧:
- Fed Needs To Frontload Interest Rate Cuts, Say 4 Economists: 'Labor Market's Cooling Trend Is Quite Clear'
- 四位經濟學家表示，聯儲局需要預先放緩利率削減速度：“勞動力市場的降溫趨勢非常明顯”。
Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。