2waytrading

$95 Support at risk

Short
BATS:BIDU   Baidu, Inc
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It looks price is ready to violate this support line and push $90 soon. There was no significant bounce from earning sell off and wall street wants to abandon once loved stock. This can take the stock the low of 80s if not 70s. If you decide to take a short position make your stop loss at recent swing high $97.50 area with target price $90. %85 and finally $80. Join us http://www.woowtrading.net