BIDU is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BIDU continues in its current trajectory, we could see it reach 94.8291 within the next 14 hours.
After testing the resistance line numerous times, BIDU is once again approaching this line. Can we expect a bullish trend to follow?
