Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are TSLA, BYND, GBTC, SHLL > HYLN
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Friday, August 29, 2008
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!!