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reversalradar

BIDU emerging from bottom of base, still basing

Baidu, Inc. (NASDAQ:BIDU)  
reversalradar  
NASDAQ:BIDU   Baidu, Inc.
highclose ibd bottomrange BIDU
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highclose ibd bottomrange bidu
Starting to form the right side of a long cup base.
Looks like it might be closing higher than the bottom range of the cup.
This type of development seems to be a good indicator a stock has changed direction.
I am experimenting with this as an early entry option on IBD stocks.

Idées en relation

reversalradar
Is there more air under HA wings?
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