BIDU: ICHIMOKU LONG SWING TRADE

BIDU:

Baidu is back above the long term trend line that was supporting the price for a long time.
The last candle has also reintegrated the cloud and the lagging span broke the kinjun and tenkan.

All the above indicate a potential bullish trend reversal.
I'm now switching from bearish to neutral/bullish.

Good enough for me to initiate a long swing trade.

All targets and resistances are on the chart.

Note that BABA has a very similar chart.

Trade safe.