NASDAQ:BIDU A shooting star followed by a red candlestick. A reversal show for a short term. Might go down within Fibonacci labels. Waiting for a reversal candlesticks for the next week. Let the waiting begins.
Comment
⋅
My first theory is wrong but on last friday aug.30th the price went down and back up again due to holiday. The stock seem manipulated to hold down in a certain price. Any price if a good entree if you are long. It is too risky for day traders and option traders because it became manipulate unless you have insider. Let see what will happen next week. Happy holidays everybody.