$BIDU - Busted triangle target $220 to $230The triangle was busted. It looks like its playing out single bust.
$230 is the neck line of H&S that played out before. So it can climb above $230 it can reach $280.
Good case - $220
Better case - $230
Monster bullish case - $280
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
