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BIDU forms Hammer Candlestick on August 12
On Wednesday, August 12th, BIDU moved down 1.04% while volume was to 0.8× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and Narrow Range Bar and Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 103.86, 102.88 & 102.31, with resistance at 105.41, 105.98 & 106.96.
Current SwingTradeBot Technical Rating of BIDU: F
There’s more where that came from. See all of today’s signals for BIDU here.
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