A natural Pull back

Chart courtesy of stockcharts BIDU the loser of the day. Shares of the BIDU dropped as much as 10% to $308.78 after JP Morgan issued a report saying that the company's third quarter should be just in line with consensus estimates and somewhat below its prior forecasts. Looking at the chart stock has the major support at 295.82 for an eventual continuation of sell-off. I don't think so, because it seems to me just a short profit taking, and BIDU was the principal factor. Chart courtesy of stockcharts EBAY has broken out of the range during today session, however in the final hour stock retracted closing below $40. Today sentiment of the market didn't help stock. Support at : $38.44 and Resistance at :$40 Chart courtesy of stockcharts YHOO may find some support at this level, under its 200 dma. I'm going to be keeping an eye on that. 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 examples. That's All. Have a nice evening !!! AC