| Baidu.com (BIDU),
a Chinese language Internet search engine company, has moved to
the price downside. The Price Direction Indicator (PDI) peaked on
January 31, 2007 after prices peaked on January 11, 2007.
The PDI moved below its 20-day moving average on February 8, 2007
to confirm the downside move.
Click on the blue chart to the right to see more information about
BIDU.
Related Articles:
Price Direction
Indicator (PDI) Examples
The
Upside is for Winners – Beware of the Downside
Posted February 16, 2007.
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