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....
Price trying to hold and push higher. it looks a buy signal will come in play if price manages to close above 101.7 or 102.15. We have a long position and have target price $110 next two weeks. The company will report Feb 11, 2013. Join us www.woowtrading.net where serious option traders come and trade.
I'm long and see a possible upside breakout once we clear this DT expect a run to $105 next session. If you decide to take a long position make your stop loss at recent swing low $97.74 with target price $105. Join us if you are option trader where great trades come and trade www.woowtrading.net
This channel down a bullish pattern has a measured upside move of 17% next 5-weeks, If you decide to take long position, make your stop loss at recent swing low at $95 with upside target price $117. Trade less, save more. If you are option trader, join us www.woowtrading.net
Closed my long position from Monday, but will re-enter if price gives me a chance. It cleared the descending trend line, and finally over came its hurdle 50-day exponential moving average first time in a few months. If you decide to go long, make your stop loss at recent swing low $93.39.
Though it failed second time to make a new higher high, but as long as it stays above $93.4 is a good buy. Will buy at and above that level or short if it breaks with high volume.
It looks bears are giving up now. The price is between nine days exponential and 18 days exponential. Though best entry will come above 18ema starting building long position not a bad idea here
Last week we recommended a trade with target price $97.5 if u did not take profit time may be close. The stock is under aggressive distribution and has been in a sustained downside reversal since August, and looks could see $85 before the end of this year, but has a chance to bounce back above its 30-day ema. One thing many may have not noticed is 200-week...
$BIDU had tough year so far, and earning was mixed, facing a new competition companies like $QIHU. This may provide an opportunity to start a long position.
