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Chart On $BIDU Signals Surge On Or Before Earnings

Chinese company Baidu Inc (NASDAQ:BIDU) is forming a tight bullish consolidation pattern. This signals significant upside in the stock coming in the next month. Investors and traders began accumulating the name today, looking for a breakout to $200.00 in the coming weeks. Baidu Inc will report earnings on February 23rd, 2017. Could this be the catalyst? Very possibly as the chart signals the move within the next month.

Bullish stock chart trade setup on shares of Baidu Inc