Recognia has detected a "Double Bottom" chart pattern formed on Baidu Inc (BIDU on NASDAQ). This bullish signal indicates that the price may rise from the close of 183.83 to the range of 189.25 - 190.75. The pattern formed over 17 days which is roughly the period of time in which the target price range may be achieved.
Baidu Inc has a current support price of 178.31 and a resistance level of 185.75.