Baidu.com, Inc. (BIDU +$22.34 or +3.64% to $635.84) posted a gain today, fully repairing the prior session's considerable loss. It has been repeatedly noted as extended from any sound base after 10 consecutive weekly gains, however it could produce more climactic gains, especially due to the small supply (S criteria) of shares outstanding. No overhead supply exists to hinder its progress, but it is too extended from any sound base to be bought within the guidelines now. It has risen remarkably from $357 when appearing in this FSU section on 9/08/09 under the headline Baidu Near Multi-Year Highs, But Decelerating Growth Is A Concern.

The high-ranked Internet- Content firm saw a slight decline in the number of top-rated funds owning shares from 204 in Dec '09 to 196 in Mar '10.  It still has a stellar sales and earnings history that satisfies the C & A criteria. However it has not formed any recent sound base and is extended from an earlier "double bottom" base pattern that was identified based upon its December low and January's lower low. Technically it triggered a technical buy signal and was featured in yellow on 1/13/10 as it cleared the 12/29/09 high mentioned in the 1/12/10 note. (See the "view all notes" links to review prior analysis on any stock.)