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Xafada
Aug 5, 2014 2:32 PM

Gap Fill (Very likely) Short

Baidu, Inc.NASDAQ

Description

Hard to bet against strong trend, but recent runaway gap needs to get filled for the trend to attract a new investors. Now, many are standing sideline waiting a pullback which will help the stock to print a new all time high. Last few weeks we had a few successful trades on this security. This new QST has a target price $210 with stop loss at recent swing high. Entered at $220 today. Stay safe and tuned more to come.
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