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Wednesday, September 05, 2007 

Top picks for Thursday - BIDU and YHOO

Chart courtesy of stockcharts

Baidu.com has broken out and made a new 52 week high at $222.41 during regular today session.BIDU has had a nice run over the past few months., and it looks like it is setting up for more strength again. Ready to move up !!!!!

Chart courtesy of stockcharts

Following my previous analyse about Yahoo and after today session, I'm sure that we'll see from now on a new rally on stock. The latest news and speculation behind Yahoo and Microsoft will support further gains.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

That's All. Have a great evening !!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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