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Sohu.com - 52 Week Low

sohu New York, December 15th (TradersHuddle.com) - Shares of Sohu.com Inc. (NASDAQ:SOHU) booked a new 52 week low by trading below $45.46, traders are definitely monitoring Sohu's price action to see if this move attracts further selling, or it this last push down sets a tradable bottom in the stock.

Sohu.com Inc. (NASDAQ:SOHU) operates an Internet portal in China. The Company's Web site consists of Chinese language Web navigational and search capabilities, Web-based communications services, and a platform for e-commerce services.

Sohu.com is currently trading 0.09% versus its previous trading session close, and it has calculated support and resistance at $49.40 and $54.55 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range

The overall market index S&P 500 is trading higher by 0.47% from its previous trading close, which means that Sohu.com stock is underperforming the overall market.



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