Even with the most conservative strategy, cut loss point is $12 away. The price just move too fast.
BIDU currently looks good for a long, based on good box, channel and MA20,50 support.
It may break $400 soon, and will reach $450 in no time.
But need to wait for some retracement to 370-5 area.
Below are the charts to support a long position.
daily with channel & box
========================
daily with MA20,50
==================
15min with MACD
=============
No comments:
Post a Comment