BIDU – Afraid to Trade

Weekly View and Elliott Count of BIDU Oct 27

Bycjrosen October 27, 2009

With Baidu.com’s (BIDU) stellar $55 (12%) loss overnight (which is partially being recouped in today’s trading), let’s take a quick look at the weekly chart to find that the ‘damage’ so far was contained to the rising 20 week EMA, and then take a look at a detailed recent Elliott Wave count on the recent move off the late 2008 lows.

Daily Commentary | Market Education

BIDU Lessons from the Stock that Keeps on Giving

Bycjrosen October 16, 2009

Let’s take a quick look at Baidu (BIDU) which has turned out to be one of the stocks that “keeps on giving” to investors and traders in 2009. Let’s learn a couple of lessons from its steady uptrend price rise so far.