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.
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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
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All Comments by leh »MasterCard Offers a Clear Technical Pattern In an Uncertain Market [View article]