Baidu, Inc.ロング
BIDU - Phase I breakout
- I love this chart not just because how the price is acting, but this I believe provides a template for the other growth names that are beaten up.
- Testing 200 DMA ...positive because price is at that key level, but negative because first test rarely gives you breakout++--
- Big bearish candle near 200 DMA ---
- Any pullback above 130 should get bought up. Early, but I like this among the china name to trade near ATH in a couple of years.
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