Xafada

Bearish Descending Hawk Threatens Recent Breakout

Short
NASDAQ:BIDU   Baidu, Inc.
1
The Bearish Descending hawk consists of two white candlesticks, in which the first day’s white body engulfs the following white body from Nov 11-12, and today confirmed the bearish pattern. The first one has to be a normal or long white candlestick as it was November 11, 2014. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the body of the second day should be smaller than the first as it was November 12, 2014, today finally came the confirmation but will we see follow through time will tell. If you need a real time alerts on this security try us www.2waytrading.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.