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Baidu Challenging Resistance

Baidu, Inc. (NASDAQ:BIDU)  
Technician  
NASDAQ:BIDU   Baidu, Inc.
14
3
Baidu is testing a major confluence, watch for a long trade if it breaks

  • Main falling channel resistance
  • Major 200-days Simple moving average
  • Horizontal resistance and previous swing highs
A break above that resistance(220) with daily closing confirms 235 and 250 as next main targets.

Good luck...
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