BIDU - Tough call....broke out of falling wedge, now retesting that breakout, and set in a new wedge that could be possible bull flag/pennant....Sitting on the 50% retrace now though....$161.97 would be the 61.8% which would be more ideal before the resumption of whatever trend it decides to take.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.