Baidu was a lovely bargain in the 220s and 230s. In fact, the low of 223 was only a week ago. Today, BIDU was available at 238 early on. But with a robust earnings report after hours, the stock rocketed to 293. Because the stock had been beaten to a pulp, even in the 280s and 290s, BIDU is well below its 50- and 100-day SMAs. (And way over the 200 SMA of 254.)
Buy BIDU here? Possibly. Or Google, which has zoomed in tandem over 540.
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