By Tim - http://stockstobuy.org
The following is technical analysis on Baidu, Inc. (BIDU) stock for February 2, 2011
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/2/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) had a great day on Tuesday and appears as though the stock will test $120 today. Baidu, Inc. (BIDU) stock is currently trading at $119.11 per share. 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 - 2/2/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) had a great day on Tuesday and appears as though the stock will test $120 today. Baidu, Inc. (BIDU) stock is currently trading at $119.11 per share. 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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