BIDU - Baidu.com stock analysis 8/29/08 - BIDU technical analysis stock chart 8/29/08

BIDU has continued to report blow out earnings and the company expects baidu.jp to start recording revenue by the end of 2008. $300 is your major support level here...a close below this and I will be getting out and waiting. $330 is resistance from the high this week, followed by $343.97 and $353.37. Once $330 is closed above, I think $300 will hold going forward into the end of the year. Bidu has the potential to have a huge breakout period into 2009. Watch $330 and $300 closely!!