Tuesday, November 21, 2006

Baidu


Here is a daily chart of Baidu.com. I last commented on BIDU here.

BIDU is approaching the 120 target. But since I think that Google has more to go on the upside, I am beginning to think that BIDU can reach the higher target of 139, near the 3 and 1/8 multiple of its February low at 44.44.

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