BIDU is testing its support at 227.04 (100% Fibonacci extension x2, 78.6% & 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce up from here to its resistance at 248.58 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 2.9% where a corresponding bounce could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.