beyondijason

16.03.27 - BIDU

Long
NASDAQ:BIDU   Baidu, Inc.
2
Price > 20EMA: yes
Price > 50EMA: yes
Price > 200EMA: yes

20EMA x 50EMA: yes
50EMA x 200EMA: -

Price resting at 200EMA
P3
HH HL
Retrace to S for entry TP at current pricing level above 200EMA
Earning are on the horizon (just like BABA and AAPL) i.e., more potential for volatility and momentum

TP: 188.07
Entry: 179.2
SL: 174.77
2RR

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