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Trends (short term)

Baidu (BIDU) Hits Intraday Reversal

Baidu, Inc. (BIDU) – the leading Chinese search engine soared after its recent 10-1 stock split. (What is a stock split?)

Red Flag #1

I thought about getting in (buying BIDU) because I figured others would do the same. They did. I didn’t. Why? BIDU’s stock was going parabolic (short term straight up movement) from 05-11 to 05-12-2010, (see PDF chart). Read More…