Baidu $BIDU has been rebounding after completing a mini-double bottom. We saw this a couple of weeks ago and noted that there is upside that might be limited to $180.Baidu (BIDU) Completes a Small Price Bottom; Upside will be Challenged Around $180BIDU Daily Chart(click to enlarge)Resistance:- Price didn't go straight up, but rather chopped a little before extending higher above the double bottom.- As price approaches $175 a share, it will be tested by a falling channel resistance as well as a previous support pivot that might act like a resistance pivot.- We should also note that in a bearish market, the RSI will tend to hold under 60, which has been the case for BIDU.- Recent market appetite could extend BIDU's rally past $175 resistance area, but I would still keep my bullish outlook to $180 in the short-term.- I am just not convinced that the overall market has bottomed. Or even if it HAS bottomed, I am not convinced that it is back to a bullish mode.- Perhaps, the market is tentative and will be choppy.- Before getting evidence that the general market has returned to bullish mode, I would curb my bullish outlook for BIDU.- Now, if $180 does not hold as resistance, I think price can push towards $200, with the upside limited to $210. - On the other hand, if $160 fails to hold as support, BIDU is likely going to continue its bearish push towards the next common support around $140.- So essentially, in the short-term, the $160 and $180 levels are key support and resistance levels.