The volume rate on Baidu, Inc. (BIDU) continues to drop, and is now below yesterday's volume rate. BIDU is going to need a big volume push into the close if in fact it is to flash a pocket pivot today. We don't consider that likely here, but it could still happen. In any case, if it doesn't work today, it should still be monitored as it may simply need more time to consolidate.
PPR - BIDU Follow-Up
|Published:||11 Oct 2010 17:46 ET|
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