motleifaul

Struggling

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BATS:BIDU   Baidu, Inc.
The window that has been opened on January 12th has been closed on 24th January already. This rise has been retraced on February 2nd. Then we saw a Reversal island. The small candles yesterday and today so far are indicating that we are fighting to build a bottom now.
On top there are no real resistances. The former bottom of January 3rd had been broken on the 12th January already and may be seen as a hurdle but not as a high one.
So if we van consolidate at the present levels there may be room until 124 at least.
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