Tuesday, September 4, 2012

BIDU

Is BIDU a dud? There are a lot of parabolic charts out there, there's no currency arbitrage to make such a move, I haven't heard any rumors, it looks like a program just kicked in, but why is BIDU not making a parabolic move? I'm not crazy about the way this chart looks, but I'd try to be as patient and rational as you can and let price tell you if it is done or is just got a wet fuse.
Where's the parabolic move?

A break below the range wouldn't be a very good sign for BIDU

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