BIDU is a huge bellwether of China. It has collapsed to a new low, indicating that the economy of China may be worse off than the official reports claim. This new low created a temporary bounce due to a severely steep selling trendline pattern.
Learn how to use the technical patterns of each market participant for better trade planning.
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.