Strong-Buy for Baidu
– ADX super-bullish
– MACD bullish
– RSI perfect
Baidu set to extend its run with a tilted reversed head-n-shoulders (completed). Quick wick to 124.50 (weekly low) before the run possible. Risk-free strong-buy if a 'weekly' candle closes above 129.16. New target 158 with highs of 161. Sell risk-free at 145, or wait for high by mid to end of January. Enjoy.
– MACD bullish
– RSI perfect
Baidu set to extend its run with a tilted reversed head-n-shoulders (completed). Quick wick to 124.50 (weekly low) before the run possible. Risk-free strong-buy if a 'weekly' candle closes above 129.16. New target 158 with highs of 161. Sell risk-free at 145, or wait for high by mid to end of January. Enjoy.
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