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  • BIDU Technical Breakout Watch 0 comments
    Sep 10, 2013 3:04 PM | about stocks: BIDU

    $BIDU (Baidu Incorporated) month long price consolidation, watch for breakout above 142.07.

    BREAKOUT WATCH for possible breakout above 142.07, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 152.7, 9% Stop: 135.65, Loss: 3.1%, Profit/Loss ratio: 2.9 : 1 - Good

    CURRENT PRICE 140, at resistance, 139.7 ± 2.38, type single, strength 5

    RESISTANCE ABOVE None.

    SUPPORT BELOW -3.1% at 135.6 ± 2.31, type triple, strength 7
    -8.9% at 127.6 ± 2.17, type single, strength 8

    (click to enlarge)BIDU breakout stock chart provided by http://www.stockconsultant.com

    source: BIDU at StockConsultant

    Stocks: BIDU
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