Sohu up 10% pre market and up 20% in last two days. China market outperforms worldwide this year. This sector is ready to soar in China.
Bidu($124.61) one year range is $100-$425. $20 downside and $300 upside from here range-wise. Very likely breaking out $175 by end of Feb.
Most pre-crash momo stocks like V, MA, RIMM, GOOG are coming back. BIDU has a nice 1:15 risk:reward trading opportunity here, I think.
Bidu($124.61) one year range is $100-$425. $20 downside and $300 upside from here range-wise. Very likely breaking out $175 by end of Feb.
Most pre-crash momo stocks like V, MA, RIMM, GOOG are coming back. BIDU has a nice 1:15 risk:reward trading opportunity here, I think.