trader4242

BIDU Goldencross 50/128 DMA

Long
NASDAQ:BIDU   Baidu, Inc.
Gapped up after ER. 50/128 D Moving Averages about to cross upward. Watch for the price as it dips into the goldencross. If confirmed, entry target near $242-244. Upside targets $258-264 (adjust stops accordingly) Stop loss @ 237 (previous support). 5-10 day horizon
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