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  • Baidu Inc Resistance Level Quickly Approaching 0 comments
    Oct 1, 2013 3:12 PM | about stocks: BIDU

    Baidu Inc (NASDAQ:BIDU) continues to surge higher today. The stock is trading at $157.56, +2.38 (1.53%). Baidu Inc is up from the $88.00 level since July 2013. This is a massive gain of 80% in just three months. While the bulls are cheering, smart investors may have an amazing opportunity to short it. The 2011 high on Baidu is $165-$166. This is also a max move extension level. Smart traders can short the stock here for at least a 10% pull back.

    Gareth Soloway

    Stocks: BIDU
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