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.

Chart courtesy of stockcharts

BIDU shares were up on Friday more than 10% to $341 with nearly 7 million of shares changing hands, really amazing. The chart looks very good here. BIDU broke through $320 resistance and is trading above all of two major moving averages. In additon, the MACD is positive and rising. However the risk of correction has increased as RSI is approaching overbought level, but any correction will probably mean buying opportunity at current technical trend. Stay tuned on her during next week. My target for the coming months is $418, previous highs.

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.

Chart courtesy of stockcharts

Shares of BIDU were up on Friday just few cents to $242.93 with more than 6 million of shares changing hands. Stock is presently trading below its 50 day moving average and is hugging the bottom part of this symmetrical triangle. If that breaks, it could become a nice swing-short. However, I like to focus that K line have crossed over D line, which means that it can move higher from here if markets help. So, let's keep an eye on her.

( Yesterday close ) Chart courtesy of stockcharts

Web search stocks are leaving days of high volatile, BIDU it is a good example of this fact. Yesterday, stock has made another black candle, after have opened near $370 and closing below $350, with another session with high participation from investors. Looking at the daily chart, it's difficult to predict where this stock will go from here, in short-term indicators show a clear Bearish momentum, however in long term the situation is a bit different, chart still printing a Bullish Market, so let's see which will be the close of day, whether markets don't cooperate it will be ugly again.

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.

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.

Chart courtesy of stockcharts

Shares of BIDU will be tomorrow in focus, after company reported earnings better-than-expected, said Thursday it expects its fourth-quarter revenue to more than double year-over-year. BIDU earned 181.7 million yuan, up from 85.3 million yuan in the same period a year ago. Earnings per share totaled 5.23 yuan or 70 cents. Stock is falling nearly 4% in after hours, however only in the regular sesssion is that we can all power of stock, after earnings. Looking at the technical chart, indicates that stock is still trading in an uptrend with 50 and 200 day moving average still rising. Since KD is still rising and MACD is on top of 0 so the stock could still go up more. Keep an on BIDU tomorrow morning.

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.

Chart courtesy of stockcharts