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Baidu, Inc.Baidu, Inc.Baidu, Inc.

Baidu, Inc.

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BIDU trade ideas

Baidu looking prime Gorgeous diamond breakout mid May, pulled back once to test the 20MA and establish trend line. The RSI and MACD are very strong, with stochastics/reversal candles looking ready to knock out this short term sell swing. Will use this anticipated consolidation over the next few days to pick up some calls on either the 20MA/trend line. Il swing it into the 185 ceiling as a golden cross is on the horizon aided by a fresh weekly MACD cross and relative momentum that is climbing higher.
NASDAQ:BIDULong
by Nick_C_
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