Baidu, Inc.Long
BAIDU resumed uptrend; BO MA20 ma50 & the cloud
Baidu has entered back inside the upchannel. It went down to retest the diamond pattern but bounced off MA20 & held above ma 50, the cloud, the diamond & also the strong volume pivot at 153.
I think accumulation period is done & ready for rally. It will have a golden cross in a few weeks going above the cloud. ABC correction bottomed.
Not trading advice
I think accumulation period is done & ready for rally. It will have a golden cross in a few weeks going above the cloud. ABC correction bottomed.
Not trading advice
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