Yesterday morning I took a look at some Tech Core Equity short positions and decided to cover BIDU
Both BIDU short entries...
Covered BIDU yesterday morning, but I took a look at PCLN as well, that one I actually like quite a bit so I decided to hold it, I would even consider adding a little to it, perhaps not quite yet, but I suspect we're not too far off for a longer term position.
Original PCLN short entry and the gap it has just about filled...
There's a clear change in character in the 3C trend-2 min
That can also be seen on the 3 min chart.
This plateau-like area is most probably a decent entry, I just want to give it a little time and see if it tries to fill anymore of the gap, but that area in yellow sure looks like a head fake move that we often see before a reversal and the charts don't favor PCLN.
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