February 3, 2012

BIDU Triangle Update

  • Bidu is moving away from the triangle resistance line and away from 200 SMA.
  • Closing above 200 SMA will confirm the bullishness.
  • First hurdle above 200 SMA for bulls of this stock is 137. Close above 137 will lead to a bigger up move.
  • DIAMOND OF DOW JONES
  • MICROSOFT RESISTANCE LEVEL

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