Baidu Wave Analysis – 15 April 2026

Baidu: ⬆️ Buy

– Baidu broke daily down channel

– Likely to rise to resistance level 127.00

Baidu recently broke the daily down channel from the start of February, which enclosed the previous sharp downward impulse wave (C).

The breakout of this down channel coincided with the breakout of the resistance level 115.00 and the 50% Fibonacci correction of the downward impulse from March.

Baidu can be expected to rise toward the next resistance level 127.00, former top of waves 4 and ii and the target for the completion of wave (3).