(BIDU buy price 164.00)
(BIDU sell price 161.00)
strategy: BIDU has divergence between the 5mn bullish and 15mn bearish charts. we will confirm our bullish entry above mv 200 at 15mn. possible gap and go, if so we will take profits in the area of the double top 168.00.
our bearish entry: we will confirm it below the mv 200 on the 5mn and 30mn chart. there may be a possible rebound in the 160.00 area as it would be entering a gap
(BIDU sell price 161.00)
strategy: BIDU has divergence between the 5mn bullish and 15mn bearish charts. we will confirm our bullish entry above mv 200 at 15mn. possible gap and go, if so we will take profits in the area of the double top 168.00.
our bearish entry: we will confirm it below the mv 200 on the 5mn and 30mn chart. there may be a possible rebound in the 160.00 area as it would be entering a gap
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