NASDAQ:BIDU   BAIDU INC - AMERICAN DEPOSITARY SHARES, EACH REPRESENTING ONE TENTH CLASS A ORDINARY SHARE
170 0 10
We have a triangle pattern in development on weekly time frame and we might have breakoout soon.

I expect a continuation move to downside with target at round number 100.



Comment:
Comment: I have changed my view on Baidu and expect strong up move

Watch for breakout oof magneta line.

This is long term trade and time wise might take even up to two years but if successfull will multiple your account.
Comment:
Comment: Guys,

Keep track of this one as once broken out of triangle target will be huge,

We should have also number of trades in one direction on lower time frames.
Comment:
Comment: Hope you did not lose track of this one.

Huge target to make.

Be aware we might have return move to structure and second chance to enter for everyone who missed this trade
Comment:
Comment: We have had a breakout from triangle pattern and it looks like we are having a nice correction in form of flag.

You may want to take another impulse to the upside with a target around 270$.

Wait for a breakout of the flag for a buy entry.
Comment:
Comment:
Trade closed: target reached

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