InTheMoney Stocks
Short

Baidu Inc (NASDAQ:BIDU) Resistance Level Quickly Approaching

BATS:BIDU   BAIDU INC
140 0 0
Baidu Inc             (NASDAQ:BIDU) continues to surge higher today. The stock is trading at $157.56, +2.38 (1.53%). Baidu Inc             is up from the $88.00 level since July 2013. This is a massive gain of 80% in just three months. While the bulls are cheering, smart investors may have an amazing opportunity to short it. The 2011 high on Baidu             is $165-$166. This is also a max move extension level. Smart traders can short the stock here for at least a 10% pull back.

Gareth Soloway
Chief Market Strategist
http://www.InTheMoneyStocks.com
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