Baidu Inc $BIDU Breaks Out, Heads For This Target
BIDU is a Chinese ADR. It has run from below $90 to its current level in less than three months. A truly amazing move as it appears the Chinese economy is recovering. When euphoria is at its max, the top will be in. Matched up with this great at $152.00, a great risk/reward short can be had. The pull first target would be at $145.00.
Chief Market Strategist