- BIDU Weekly chart is showing a bullish breakout.
- Weekly chart is approaching upper bollinger band. Price need to close above this level for a possible trending up move to happen. 147.68 is the next resistance level to cross. Sustaining above Weekly Ichimoku cloud will favor bulls of BIDU.
- Last chart is the daily time frame of Baidu which is showing a possible resistance line which may give a small correction if not broken during the beginning of next week.
No comments:
Post a Comment