![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_JPEovtLhqRyIy4kn3TDS1E5thHm1ljAvORZ9482dIMcEaNAiknQcAsGmdrP8rTNPfGgVreYhOWdm6ULFaINXFwLPDAL_wKohfYpNXYsx2-nl0L1OR7nzr38dDVbqcmMdvKVN1w/s400/071007+bidu.jpg)
I have drawn two long term boxes on the chart, each 109.54 points high. I think it likely that BIDU will reach the top of the second box, riding the crest of the wave of speculation in China. It will probably falter temporarily near the 1/2 division point of that box which stands at 208.75.
Support in the meatime is at 165.
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