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4mm4

Baidu Bounce to $240

Long
Baidu, Inc. (NASDAQ:BIDU)  
4mm4  
NASDAQ:BIDU   Baidu, Inc.
BIDU bounce Relative Strength Index (RSI) Stochastic Oscillator Moving Average Convergence / Divergence (MACD) macdivergence LONG Stocks support Moving Averages exponential Parallel Channel
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bidu bounce relativestrengthindex stochastic macd macdivergence long stocks support movingaverage exponential parallelchannel
Short term bounce setting up. RSI and stochastics are almost oversold and there is some bullish divergence when looking at the MACD. Also 200 EMA is just below the current price along with support that has been in play for a while. Currently trading right on the 0.382 fib retracement. Anything could happen but it looks like BIDU is setting up
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