Chinese Internet Stocks Are The Weak Link Today – BIDU, NTES, SINA, SOHU
February 17, 2012 at 10:58 AM EST
This morning, all of the leading Chinese internet stocks are declining lower. Baidu Inc (NASDAQ:BIDU) is considered the leading Chinese ADR in the market. Today, BIDU stock is trading lower by $2.83 a share. Short term traders should watch for intra-day support around the $137.00, and $135.00 levels. The daily chart is holding up fine [...]