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As BIDU Goes, So Goes the Chinese Economy

Baidu, Inc. (NASDAQ:BIDU)  
MarthaStokesCMT-TechniTrader  
NASDAQ:BIDU   Baidu, Inc.
Candlestick Analysis Chart Patterns Trend Analysis BIDU baidu bellwether economy newlow LOW bounce trendlinepattern china
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candlestick chartpattern trendanalysis bidu baidu bellwether economy newlow low bounce trendlinepattern china
BIDU is a huge bellwether of China. It has collapsed to a new low, indicating that the economy of China may be worse off than the official reports claim. This new low created a temporary bounce due to a severely steep selling trendline pattern.

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