Baidu $BIDU has been in a correction mode since reaching $275 a share back in October 2017. Note that 2017 was mostly a year of consolidation until July when price broke upwards.BIDU Daily Chart(click to enlarge)ABC:- The daily chart shows the run up and then the ABC correction.- This does look like a possible completion of a correction pattern, especially with price rebounding in a V-shape since tagging $210 a share.- Now, price is testing the $240 level, which is a resistance pivot. Then $250 is also a key resistance pivot. I think if the market is still in consolidation mode, BIDU will find resistance at $240 or $250. - So, if price pushes above $250, we should anticipate another run up towards $275. - Also, the RSI would likely hold under 60 if the market is still in a bearish correction mode.