January 9, 2011

BIDU breaks above 50 day moving average

  • Bidu has closed above its 50 day moving average.
  • Stock has one more resistance line to cross in the daily chart before it can turn really bullish.
  • Breakout can give fresh high's for Bidu. 
  • Supporting Trend line in weekly chart too looks strong .
  • Stock if unable to sustain above 50 DMA it will be negative in the short term.
  • CISCO TRYING TO FILL THE GAP
  • FALLING WEDGE OF CRUDE OIL

1 comment:

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    ReplyDelete