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Baidu.com, Inc. (NASDAQ:BIDU)


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#1 Costa

Costa

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Posted 13 April 2013 - 02:43 AM

Keep an eye on Baidu.com, Inc. (NASDAQ:BIDU) and monitor its volume for any potential breakouts. If the stock can manage to close above the 50-day moving average located at $90.71 on high volume, it would be a great buying opportunity but only on a breakout. Technical indicators are looking better for the stock. Chart shows a bullish sign as the stock is back on top of 20-day moving average with MACD rising and approaching the zero line from below.

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