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Baidu, Inc. Message Board

  • deeelbydesign29 deeelbydesign29 Feb 17, 2012 7:18 PM Flag

    As a long this concerns me

    The 150 day moving average,called a smoothing mechanism in chart speak, has crossed the 200 day today....That hasnt happened in Baidu ever!!!Even when the stock got crushed to 120 a share pre split some years back!!!This is whats called a distrubitive pattern and is confirmed with time...This stock has traded sideways for over a year....Gonna think long and hard over the weekend about unloading this long time poition

 
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