A stock of absolute Monster
?Baidu.com (BIDU) was a central figure on our list of "go - to" stocks throughout the year.((Nous_avons_eu_plusieurs_achat_récent_de_la_macro_:_le_23_juillet_1) on 76-77, 20 September 2) over the tops of old 52 86-87 and 3 weeks) on 23 September over 93 today, we see another opportunity to engage in Baidu for what could be an explosive trade.
This stock is a monster, an example of what can be a strategic stock split for shareholders (it is over $ 1,000 pre-split adjusted!).
BIDU now down for nearly four weeks, gives us a new calculated entry nice which should resolve upside .we have purchased two level today of 101.50 and add on a 60 min close over 103.
The first target the trade is 107, then measured move is 115 +.Stop your 99 ratio risk-reward outstanding on this trade.
Earnings are due Thursday, there are a lot of time by là.Avant report, we take note of how the stock has acted, option volume and decide to block some gains before the announcement.
Baidu received a nice of Google (GOUD) pulse stellar report, but despite a P/E 100 +, I always think investors are the updating of the potential for tremendous growth for the Chinese search géant.Avec Google fading image research in China, Baidu has a huge potential benefit in the fastest growing in the world economy.
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