BIDU has been strong along with the rest of big cap tech during the current run, but it looks like time may be up. The uptrend in the stock was broken back in early July, and a recent breakout failed as it was retraced in a few days. The stock has formed a channel in the upper end of the range, so enter the short on a break of the lower trendline which currently stands at about 348. The only real support in the stock is down at around 317-320 so make that your target for the trade. Momentum in the stock has gradually slowed and looks like its time for a short to finally work. Uptrend, broke back in early july, momentum dying. breakout failed, was retraced, entry on break of lower trendline of channel about 348 support 320 as target, dont want to see it come back in channel