July 7, 2015

BIDU Chart update


  • Bidu got resisted at the falling resistance line. More weakness if price does not hold on to the support zone shown in chart 1. Weekly chart has a Descending triangle and head and shoulders pattern which could become active again if price does not hold on to the support zone shown in daily chart.
  • Resistance line of bidu was discussed in a recent post: BIDU RESISTANCE LINE