Thursday, August 18, 2005

More Fun With Baidu


In this post about Baidu.com I said that it would hold the 1/2 point of its box near 94 and then head higher. As you can see from the updated hourly chart above I was dead wrong about this but BIDU has meanwhile dropped to the bottom of the same box. This is much stronger support and I expect it to rally to new highs from here.

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