BIDU looks bullish here as it has been a range for awhile & could b/o to the upside soon w/ a tgt.#1=240........w/ BABA having IPO tmor. then this could be a nice side China play also
Comments
thepennystocktrader
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good idea but didnt breakout, still got to watch it
djflowmaster
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Very true.......the next day had bearish volume that was more than the previous thus making the play not valid as a bullish b/o.........and it even b/o of the channel to the downside.........always key to watch for volume and for false breakouts