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Baidu, Inc.
Apr 10, 2015
Baidu Challenging Resistance
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4
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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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