EMA 20 is crossing EMA 50. Based on previous same cross, BIDU should be up about 20% from here (there is always a hick up when that cross is about to happen and then upward momentum continues)!
Keep this post in mind!
Keep you post in mind,would like to enjoy the ride and as for regaining momentum let the buyout get confirmed and you could be spot on!!
To be more accurate, I would say 15-20% upside potential from here by next couple of weeks.
As expected! The run for longs will go on for another 2 weeks...
Also MAX pain in options is $92.5. We may see that range until Friday and then the uptrend could continue
Yep. I agree. China stocks are hot right now. I have some DANG at $4 and LEDS at $1. There is clearly some momentum finally in the Chinese stock market. FXI is in an uptrend too.