Baidu Holding the line

Baidu (BIDU) is holding the line on very choppy action. Prices do show that there is momentum to the upside with the large opening candles (15 min chart.) Strong support came in around $170 yesterday and it is holding above $172 this morning.

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
This entry was posted in Risk Management, Trade Analysis. Bookmark the permalink.

Leave a Reply

Your email address will not be published.