Baidu $BIDU reached $180 and found support here as we expected:Baidu (BIDU) Should See Support Above $180But just because it found support here, it doesn't mean there has to be a bullish reversal from here. BIDU Weekly Chart(click to enlarge)Support:- At $180, price is being supported by a rising trendline. - This is also the middle of the triangle consolidation that formed in 2016 into mid-2017.- We were right in anticipating support here.- However, the upside is limited to $200-$210 at the moment as the market is in a risk-averse environment.Next Support:- Inability to climb back above $200 would put downside pressure towards the next support , which might be around $160- Furthermore, the RSI might dip below 30 before the market decides BIDU has been oversold. - Meanwhile, until general market risk appetite returns, we should limit upside to the $200-$210 area.