The candlestick analysis is negative on BIDU, but it doesn't take a technical expert to see that the downside is potentially immense near-term for shares. Corey Rosenbloom has an interesting take on BIDU's action post-gap the past six months. As for the chart near term, a Bearish Engulfing Pattern has emerged. My position is small in BIDU and I'm willing to ride out a dip to the depths. Maybe.
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