Bridgewater, MA -- (SBWIRE) -- 03/18/2013 -- Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has come up today on the StockConsultant stock screener for under performing stocks with a confirmed breakdown.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) founded in 2000 and headquartered in Beijing, China is a company that specializes in internet search solutions and online marketing solutions. BIDU since the large gap down in early February has under performed the overall market. The stock over the past week has undergone increased selling and on Friday registered a confirmed breakdown below the 85.98 price level.
BIDU breakdown details:
BREAKDOWN CONFIRMED breakdown below 85.98, no support in area just below.
Type: True breakdown from triple support. Target: 76.62, 9.9% Cover: 88.27, Loss: 3.7%, Profit/Loss ratio: 2.7 : 1 - Good
Full BIDU report with stock charts and analysis
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