The chart of Baidu.com (BIDU) shows a possible A-B-C correction that is working off the move since the IPO in 2005.
BIDU With A-B-C Retrace Near 50/50 Point
November 4th, 2008 No Comments
Tags: BIDU
BIDU in Strong Position
July 29th, 2008 No Comments
The stock of Baidu.com (BIDU) is in a strong position after testing the 50% retrace level early in the correction. Volume has been declining during the recent pullback along the 1:1 descending Gann angle.
Tags: BIDU · Gann Angle Fan · Pullback · Square of Range · Volume