Means somebody knows some pending news and technically it could break either way in big volume
However low volume suggests nobody is in charge now.
38 is coming soon on technical basis.
As market is under correction.
This is a case for QIHU as investors are booking profit
Long term chart pointing running out of steam as macd is still bearish cross over.
Mf was pumping for bidu against qihu and lot of investors lost in bidu.
And the traders are more or less in agreement about bearishness.the bearish pattern is now confirmed today.
will sideline once breaks under 38
After that expect 3-5 weeks correction below 40
Chart pointing retreat 35-36 level
Heavy volume breakout at 10 week MA very bullish ahead
Momentum MACD Bullishly crossing
Train is just leaving for hill........
Last frontier at 79 this Friday likely.
Super buy may be that the reason after hours somebody buying.
Shorting is not for everybody
Coming in the market as ANGIMAX Is like coke type product for Mdco