28 December 2007

28-12-07 - BIDU long was right !!

BIDU already reached $400 in 2 days time.

On 24/12/07, I wrote in my blog that BIDU long is a good trade. I suggested to wait for retracement till 375 area. Well it was never reached. The lowest it went was $377.

Thus I never get the stock. It went to $400 in 2 days, faster than what i expected, but the right target non the less. It will go to $450 soon.

15min chart
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