via StockCharts.com"
BAIDU : BIDU :Update from Previous Post
For traders that was anticipating a break out from the presumably flag formation
on Fridays close would be disappointed as Prices hit resistance at $152.5 and fell
$5.51 or -3.87% intraday.
Conflicting Signal - Wait for fresh signals to trade.
On 60minutes chart prices is below the triple moving averages and also the 200days MA.
A bearish sign, however Stochs on 60minutes chart is oversold.
Resistance at $152.5
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