I bought some BIDU at the close today as it held the 50 dma support line. If BIDU breaks above 182 on a closing basis, it will see 200. As for tomorrow, it should see 165-166 so a quick scalp set up should present itself. Will BIDU close green tomorrow ? I have no idea. Nothing is certain in trading but the set up is there.
the day chart shows it has been swinging between 80 and 300 over the past few years. Your justification to take a long position looks strange ( or perhaps it is a standard writeup from the professional writers ). you should talk about some fundamentals too ( China crackdown, Evergrande and those things). Do you have other stocks where the charts are not erratic/choppy/chaotic/messy? Good luck.