March 18, 2011

BIDU Triangle pattern

  • Bidu has a triangle pattern in daily chart.
  • Price is trading above 50 day moving average.
  • So a break in favor of bulls would be an easy long to take.
  • For bears Bigger gains can happen only if 50 dma gets broken along with the triangles support line.
  • ES HOUR CHART ANALYSIS

By at

2 comments:

Subscribe to: Post Comments (Atom)