Baidu Inc

BIDU remains in a Stage 4 decline with a consistent sequence of lower highs and lower lows under declining EMAs. Both long- and medium-term trends are bearish with no mean-reversion eligibility. Short-term price is tracking below the 9 and 20 EMAs without clear rejection or exhaustion, suggesting that immediate selling is premature. The preferred approach is to initiate a sell on a rejection at the EMA zone or prior resistance range around the 9/20 EMA levels.

• ↑AI business revenue reached RMB 13.6B, +49% YoY, >50% total
• ↑AI Cloud revenue soared 79% YoY, winning major enterprise deals
• ↓Total revenue RMB 32.1B rose 2% YoY but fell 2% QoQ, signaling volatility