BAIDU VOLUME ANALYSIS
BAIDU SUPPORT AND RESISTANCE
- BAIDU has good support at 107 levels.
- The trend line drawn from 76 may also support the stock for the short term.
- 113.78 is the immediate resistance.
- Volume analysis shows that the buying volume was very high and the last two days of the week the stock had two negative days which had very low volumes. So we had negative price action with low volumes.
- Last week when the stock was at 107 we noticed good buying volume and the stock rallied up to 113.
- CLICK HERE TO SEE LAST WEEK'S VOLUME ANALYSIS ON BAIDU