Technician

Baidu Challenging Resistance

NASDAQ:BIDU   BAIDU INC
839 3 14
Baidu is testing a major confluence, watch for a long trade if it breaks

A break above that resistance(220) with daily closing confirms 235 and 250 as next main targets.

Good luck...
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Nice chart. Chinese stocks are ready for a bull market under its government influence, I guess.
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FOR NOW DOS'NT LOOK LIKE FOR LONG. LOOKS LIKE CORACTION IS ABOUT TO CREATE?
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Great setup my friend .. Best of luck
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