NASDAQ:BIDU   BAIDU INC - AMERICAN DEPOSITARY SHARES, EACH REPRESENTING ONE TENTH CLASS A ORDINARY SHARE
65 2 1
The upper edge of triangle has been broken through and the market has pulled back the breached down trendline . Meanwhile the market is retesting the 0.618 fibo retracement.
So it is a good opportunity to buy long at 167-172 levels.
SL:below 155
TP1:200
TP2:215
TP3:ultimate target 250
Trade active: The market is still pulling back the trendline.
Comment: Very nice, the price moves as expected.
snapshot
Comment: TP1 and TP2 reached quickly.
snapshot
VERY GOOD IDEA.ALLLOW ME TO ADD MY IDEA.
SL: close below 171.80
Trigger: 177.60
T1: 187.15
T2: 192.80
T3 : 197
EXPENSIVE STOCK.I WILL PLAY IT WITH DIRECTIONAL OPTION.REGARDS KNIGHTT
Reply
It is a nice setup,and it is a short term goal.
thanks for your attention.
Reply
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