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BUY Baidu at 208$ to 240$ TP

Long
NASDAQ:BIDU   Baidu, Inc.
After tremendous drop from 300$ to 175$(the reason we know) it's now trying to rebound from levels 208-210$ what I think about it:
First move to 223 $ is over, it will takes some days to go at 208 $ -210 $ level again, after that it will create a support level at 205 $ and resistence at 225 $ until the moment price cross this levels try to work in deep of chanel or just keep and gather position at level 210 $ +.



Long term target price 350 $, price will stop and consolidate sometime at such levels - 230$, 263$, 300$, 330$, 362$.

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