BBTrader29

BIDU Gap Fill

Short
NASDAQ:BIDU   Baidu, Inc.
BIDU is forming a descending triangular flag pattern. Its also running into a gap that was previously created in price below the $114 support level. This gap goes all the way down to the $110-111 range, where it will meet 50 moving average and further support. Looking for a potential 4% move.
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