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  • BIDU (Baidu Incorporated) New High Breakout Alert 0 comments
    Dec 7, 2013 10:37 PM | about stocks: BIDU

    $BIDU (Baidu Incorporated - NASDAQ) is currently stuck at 167.9 resistance area and just requires a small move above 170.79 to fuel a breakout to new highs.


    • WATCH for possible breakout above 170.72, no resistance in area just above.
    • Type: Continuation breakout from single resistance.
    • Target: 183.2, 8.6% Stop: 164.57, Loss: 2.5%, Profit/Loss ratio: 3.4 : 1 - Excellent

    (click to enlarge)BIDU breakout stock chart from

    Source: BIDU at StockConsultant

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: BIDU
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