$BIDU sitting at a 14-year support zone that's held since 2011. Blue line = line in the sand.
Price is back testing this critical level again. History says it bounces here.
Looking for a technical bounce play off long-term support. Risk/reward setup is clean if the level holds. Watch for confirmation and manage stops tight below the zone.
Price is back testing this critical level again. History says it bounces here.
Looking for a technical bounce play off long-term support. Risk/reward setup is clean if the level holds. Watch for confirmation and manage stops tight below the zone.