Baidu back in the range

My order to buy a few shares of BIDU finally got filled below the bottom of the range it has been trading since mid February. It needs to trade and stay above $175 before it can move to new highs. Yesterday’s action defined $165 as strong support.

BIDU Daily Chart

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.
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