BAIDU INC (BIDU-Nasdaq): Technical Viewpoint: From a low of $394.56 on Dec 22, 2009 prices rallied, reaching a high of $426.75 on Dec 29, 2009. A decline saw prices pull back, reaching a low of $384.66 on Jan 12, 2010. Another rally saw prices penetrate resistance, closing 1/15/10 at $467.68. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 15, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $458.58. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jan 13, 2010. A P&F upside reversal takes place at $464.00. Summary: Technical indicators have turned bullish. BUY! BAIDU INC (BIDU-Nasdaq) @ $470.38 Stop: Use a protective stop of $464.38. BAIDU INC is currently trading @ $467.68 plus $3.45 on Jan 15, 2010. Price Objective: $550.00. Risk/Reward: $6.00 VS. $79.62. Today's Risk Reward Ratio: 13:1