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nirmalc83
Mar 24, 2018 6:01 PM

BIDU short Short

Baidu, Inc.NASDAQ

Description

Short below horizontal support break around 229. Already below 200D. Bearish target is around 205 (Feb low).

Comment

Wow, what a day. Yesterday's gap up and run completely invalidated by bearish engulfing candle today. Horizontal support intact. PLay is still valid. If market dumps next 2 days, possible downside target will be hit.
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