Baidu Back to the Top

Baidu (BIDU) reached new highs today again after a great rally yesterday. It is pulling back as it found new sellers around $190. It now needs to hold above $184 to confirm the inverse head and shoulder pattern that yields a target of roughly $210.

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.
This entry was posted in Trade Analysis, Trade Entries, Trade Planning, What to Write in a Journal. Bookmark the permalink.

Leave a Reply

Your email address will not be published.