04/29/2014 – BIDU

Baidu BIDU:

1. Yesterday’s (Monday, April 28) update in Baidu indicated further decline to at/near $149.50.

2. After yesterday’s update Baidu continued on the decline and completed the $149.50 downside target (session low, $148.16).

3. Today’s session has advanced off yesterdays $149.50 target completion which may prompt further forecast/entry. Will update as the market confirms.

David Williams