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  • MasterCard Offers a Clear Technical Pattern In an Uncertain Market  [View article]
    BIDU and SOHU have been in similar very tradeable downward-biased channels for months--at least until BIDU blew up to the downside this week on bad news and plummeted close to $100, somewhat below the channel. After this selloff settles, I'd expect to see the channel to resume, though it may well be a broken stock if it continues to show weakness into next week.
    Nov 20 08:52 am |Rating: 0 0
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