BIDU Adieu

By -

One would think today would be a peculiar day to short BIDU. Not for me. It has shattered its trendline, and I waited until it pushed as close to the underbelly of that former support line as it could, then I shorted it. This is not a huge position – 70 shares – but it's a pretty cool chart. Entry price of 381.75; target – I dunno – upper 200s I think.

1027-bidu

Mark This Post as a Favorite