$BIDU hit target

BATS:BIDU   Baidu, Inc
After it was downgraded Monday, we found $100 is a solid support with target price $110 and that was achieved today. We still see upside momentum to remain solid and price can even go as high as $115-$117 before end of this month, but any pull back to $105 is an opportunity to re-load the truck. As we noted Chinese Internet stocks are good investment this year. Join us http://www.woowtrading.net


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