Stock, Option and Futures Trading
BIDU & GS
In the last couple of posts we said that we were looking at BIDU and GS for longs. I have been out of the office the last two days during market hours so there was technically no trades on these but if you did jump on them they are both doing well.
BIDU Targets : $124 then $130
GS Targets: $97 then $105
I would keep an eye on the NQ 2190 which was hit today and if we go higher the 2220 as resistance. We could have just made a important high right now so i would move stops on longs to even at this point.
BIDU is up around 10 points from when we were looking at it. I would take some profits here and move the stop.