Baidu bragging about new IA model
Hello Traders,
Today I want to pitch you a very interesting idea!
Baidu (Ticker AT:BIDU.US) the famous "Chinese Google" is going to die with the AI market and has launched its Ernier 4.0 model being cheaper than OpenAI's GPT4 model. 4.13/million vs 5/million.
Why might we be interested?
Although it is one of the Chinese companies with the highest risk premium in the market, it is trading at very interesting prices and I think it's worth a look
It is currently trading at $88.03 with a low of $73.62. Since the tech war China has set out to replicate everything the west has for their country and it is possible that now is the time to see a recovery.
Its RSI is around the average and its bell shape marks a directionality of the control point (POC) around $105 so we could see a revaluation in the short term.
What do you think, do you think that it can eat the toast of the West?
Write below in the comments!
Ion Jauregui - Analyst ActivTrades
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The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication.
All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information.
Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Today I want to pitch you a very interesting idea!
Baidu (Ticker AT:BIDU.US) the famous "Chinese Google" is going to die with the AI market and has launched its Ernier 4.0 model being cheaper than OpenAI's GPT4 model. 4.13/million vs 5/million.
Why might we be interested?
Although it is one of the Chinese companies with the highest risk premium in the market, it is trading at very interesting prices and I think it's worth a look
It is currently trading at $88.03 with a low of $73.62. Since the tech war China has set out to replicate everything the west has for their country and it is possible that now is the time to see a recovery.
Its RSI is around the average and its bell shape marks a directionality of the control point (POC) around $105 so we could see a revaluation in the short term.
What do you think, do you think that it can eat the toast of the West?
Write below in the comments!
Ion Jauregui - Analyst ActivTrades
*******************************************************************************************
The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication.
All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information.
Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
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