Baidu (BIDU) followed through its break out yesterday with a strong move to the upside. Now any pullback to around $176 is a buying opportunity. The internet sector in general is showing relative strength which increases the probability for this trade to succeed.
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BIDU 15 min Chart
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BIDU Daily Chart
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.
