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LONG BIDU At $111.11

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3

December 06, 2010 – Comments (3) | RELATED TICKERS: BIDU

One of my early morning buys was in Baidu (BIDU), which gapped above ressitance and appears to be primed for a move higher in the coming days. Check it out for yourselves.

Here's my chart analysis on BIDU.

3 Comments – Post Your Own

#1) On December 06, 2010 at 1:16 PM, FreethinkerKW (64.72) wrote:

Just bought a half position in BIDU at $109.73   Set a very loose stop/loss of $103.50 . . . 

 

 

p.s. Thanks for the alert! 

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#2) On December 06, 2010 at 7:36 PM, FreethinkerKW (64.72) wrote:

Just reset my stop/loss upward to $108.44. 

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#3) On December 07, 2010 at 10:47 AM, FreethinkerKW (64.72) wrote:

Had just reset my stop/loss upward and was stopped out at $110.00. So I broke even on this trade. Machts nichts.

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