I'd certainly call this a strong case for some support coming into play due do the previous two candles... Bullish for Monday or Tuesday.. depends on volume.
BIDU finished Thursday with some accumulation it would appear (high volume, practically no movement and finish in higher portion of candle). On Friday it was down slightly on lowered volume.. transition from strong to weak handles??? Will keep an eye on volume and spread Monday to gauge whether to buy or do nothing on Tuesday.
Strong volume on the down bars followed by weaker volume on a higher spread indicates potential accumulation by small time players, look for a short $22.60 - $22.70 if volume goes down either Monday or Tuesday
GOMO has dropped substantially over the past few days, however after blasting through R1 on high volume, it seems to have found support at R2, looking for a big move today or Monday.
XOM provides a potential short depending on today's volume and price change, another large price increase on high volume should break through resistance at $95.95 and thus provide support.
