Razvan
Short

BIDU - Going for the D Top target

NASDAQ:BIDU   BAIDU INC
506 9 3
Bidu             broke the 100 support after a retest on the Diamond Top pattern. Let's see if the full target will be hit.
The volume highlighted on this chart
snapshot
Reply
I don´t see any diamond top pattern. I do see a rising wedge followed by a symmetrical top triangle (bearish) with trgt @59.
Reply
and trgt2 @ 42-43 megaphone in the making
Reply
sorry mrazvan with so many disagreeds- I have no idea what´s wrong with this system tday. It should have been only 1
Reply
Razvan sublimares2
No problem! :)...well sometimes the TA is subjectif. Anyway the targets are both under 100. Until now it lost 5% from the last closing :)...the position might be good :)
Reply
Neat set-up.
Reply
The volume picked up nice after the breakout. Yesterday the traded volume was 4 times the average. Thinking at the classics, this might mean that the trend will continue to be down, still looking at the chart, we can expect a slight correction back to 100, for a retest.
Reply
Short consolidation, right over 92, next week, we might see 90 hit
Reply
closed this setup at the 90 target
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out