Wednesday, February 2, 2011

thinking on bidu near 119

bidu recently at 118.62
having reached 119.21 today
this matched yesterday's all time high

with magnet level of 120 near, this strike is now the heavy volume trade, taking over the 115 strike.
pivot today is 117.68 and r1 is 120.26
likely 120 is taken out before close

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