Nice megaphone play that has Baidu (BIDU) bouncing right back to the short-term uptrend. If it holds, it could be good for $10-15 to the upside.

So if you are going to get long, get long above $154. The ideal stop-loss is probably somewhere around $149.50. 

Here’s the BIDU technical analysis:

bidu 

Source: StockingBIDU.com

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