Chart courtesy of stockcharts

Hello Folks !!! Baidu.com reported good earningson thursday and shares react positively. The stock has been trading in a range of $161-$429 in the past 52 weeks. Looking at the technical daily chart above it shows a new rally is about to begin as K line has just crossed on top over D line as the stock is again back above 50 day moving average. In addition since ROC has began to rise from oversold level there is plenty of upside for the stock. Stay tuned on BIDU.