Not a good time. We might be stuck here for another two weeks. And why risk your money just for having the first $15 drop? If BIDU drops below $367, it will free fall to $325 in no time.When you see $367 on tape, you can short at market price or set limited price at $370. Don't get into a mud fight against those longs with deep pocket.
It was flirting around with the down trend line a bit, but did break it. will see by around 3 PM, If it still in the channel by than. most likely will be floating in a narrow range. I wouldn't short it just yet!