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Posted On: 01/31/2017 10:57:19 AM
Post# of 162
Chinese company Baidu Inc (NASDAQ:BIDU) is forming a tight bullish consolidation pattern. This signals significant upside in the stock coming in the next month. Investors and traders began accumulating the name today, looking for a breakout to $200.00 in the coming weeks. Baidu Inc will report earnings on February 23rd, 2017. Could this be the catalyst? Very possibly as the chart signals the move within the next month.
Bullish stock chart trade setup on shares of Baidu Inc
Bullish stock chart trade setup on shares of Baidu Inc
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I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.
