BIDU near to breakout
Saturday, October 27, 2007
Chart courtesy of stockcharts

Shares of BIDU were up on Friday more than 5% closing at $353.39 near all time highs. Technically stock is now well positioned to breakout again and make new highs in the week ahead. Looking at the daily chart, indicators are still showing good indicators with K line near to cross over D line, and RSI going up again. So, Monday keep an eye on this baby that can be a stock very active.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 1:43 PM | Permalink


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