Three of the four Chinese internet stocks shown below broke resistance with surges over the last 1-2 weeks. SOHU hit a new high with a break above 50. SINA broke wedge resistance and then gapped up. YOKU broke resistance with a high volume surge to 20. BIDU is the laggard as it bounces off support from the March-April lows.
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Nifty ended the week slightly lower after trading within a narrow range. With key levels in focus and technical indicators showing mixed signals, markets may remain sideways for a while.... READ MORE
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The stock market may be setting records, but you deserve a breather this weekend. While you’re sipping your iced tea, take just a couple of minutes to explore the brand-new navigation menu on StockCharts.com. It’ll make your next charting session a breeze. What’s different (and better)... READ MORE
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