Baidu.com ( BIDU ) technical analysis for 10/27/08 - October 27th, 2008
Bidu Support and Resistance Levels
Bidu reported good earnings last week but guidance was a little weak. Bidu has support at the $175 area from last year and Friday 10/24/08 but after that it would be $150 and then $134. Resistance is $200...when this moves back over $200 I will be a buyer again....but with a tight stop! Baidu will really get cooking again with a close over $275. One of the most volatile stocks I swing trade is Baidu.com