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BIDU has broken through a resistance line. It has touched this line numerous times in the last 8 days.

The breakout of BIDU through the 81.2950 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BIDU could test 82.7140 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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