Baidu (BIDU) Price Target Raised Alert, Watch for 9.9% Technical Uptrend Continuation
Wednesday, March 10, 2010 - 10:16
Written on Wed, 03/10/2010 - 10:16am
By Chip Brian

Baidu (NASDAQ:BIDU) reiterated Buy, target raised to $630 from $550, at Citigroup. The stock closed yesterday at $520.75 on volume of 1,216,778 shares, below average daily volume of 1,919,359.
Baidu is currently above its 50-day moving average of $450.55 and above its 200-day moving average of $381.71.
SmarTrend is bullish on shares of BIDU and our subscribers received an Uptrend alert on February 10, 2010 at $473.98, which has returned 9.9% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): BIDU

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