Bidu came down with a big gap on big volume into our entry zone. I would wait for a good up move on some volume to go long. Let ´s see what happens. It could also be wise to take at least partial profits at the closing of the down gap.
Hmmm.....I would not like that. It could happen, but I think there has to be a larger pullback before reaching the target. If it goes only to .382 I would expect a bigger pullback later on in the move and I would try to get on board when that happens. If it rallies from here straight up to D we miss the move. So what ? We trade something else. ;-)