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BBTrader29
Dec 11, 2019 2:40 AM

BIDU Gap Fill Short

Baidu, Inc.NASDAQ

Description

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.
Comments
cyberluck
that gap will probably be filled early next year.
BBTrader29
@cyberluck, agreed. Had to get out of this yesterday
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