What can I say - I like to buy at support and sell at resistance...also to buy breakouts. The case for BIDU - a sharp fall, 50% retracement from recent highs and a bounce off the low confirms a bottom. A low risk entry with a stop below the low offers a good risk reward ratio. Using CBL - count back line analysis, we can draw a line (green) from the height of the 3rd lowest daily candle and buy when price moves above this line.
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update - more red candles than green but holding above daily CBL. Use a close below green line as a stop loss exit signal $113 level.