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gumbtg
May 22, 2017 5:43 PM

$BIDU on the monthly Long

Baidu, Inc.NASDAQ

Description

Looks to be the start of a breakout. This is just something for me to learn from and gain experience. Please comment any ideas that you might have on my charting. Was unsure on the trend lines. Second guessing their placement with concerns on the start of line; should it be at the close or at the intraday highs????. Note that this chart has the log scale enabled.

RSI breaking 50. Would like to see uniformity in the MACD, meaning it touches zero and goes right back up with symmetry .

Help me learn people! :)
Let me know if you agree with the strategy/charting
$BIDU
Comments
IrishTorp
Good call!
gumbtg
@IrishTorp, Thanks man :)
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