April 1, 2015

BIDU Death Cross and Weekly up trend line

  • Bidu daily has a Death cross But price is also testing the Weekly up trend line. Hint of the next direction may lie in the Range shown in the last chart. The range between 202 and 219. Bigger move is possible once this range gets resolved on closing basis.
  • close below 202 then 194 and lower levels are possible. Close above 219 stock may move above 240 levels again.

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