Baidu, Inc.Длинная
BIDU - Good case 238, Best case 300, Bad case 191, Worst case173
Head & Shoulder projection paid half way and reversed. Neck line rejected on reversal. Consolidating before making the next move.
Good case $238, Best case $300, Bad case $191, Worst case $173
If it breaks out about 222, we could break above the neckline and avoid bad and worst case. Short term target in that case is 240.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Good case $238, Best case $300, Bad case $191, Worst case $173
If it breaks out about 222, we could break above the neckline and avoid bad and worst case. Short term target in that case is 240.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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