BIDU - 4hour chart

BIDU was close to breaking out , but short Friday and low holiday volume held it back. I got in a swing for Monday, I have a feeling it will break PM(premarket).

LONG: break of 140.85
TG1-142.5
TG2-144
TG3-145
TG4-146.44(Strong Resistance)
IF it break that with volume you could see it head to the 156--> than 162. (I will not hold that long unless its a clean movement with volume)

SL is 20-30% or around 136.5 . Use risk management and proper position size.

If it breaks to the support...
Break of 133
TG1-130.52
TG3- 124.92(Strong Support)
TG3- 114.59
Chart PatternsTechnical Indicators

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