By Tim - http://stockstobuy.org
The following is technical analysis on Baidu, Inc. (BIDU) stock for February 1, 2011
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/1/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) is ripping higher in pre market this morning after the company issued excellent guidance for 2011. Baidu, Inc. (BIDU) stock is up 8% this morning to $117.50. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/1/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) is ripping higher in pre market this morning after the company issued excellent guidance for 2011. Baidu, Inc. (BIDU) stock is up 8% this morning to $117.50. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.
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Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
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