Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $225.00 short put and a strike $220.00 long put offers a potential 12.36% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $225.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $220.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Baidu is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Baidu is bullish.
The RSI indicator is at 53.65 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Baidu
China's Internet Stocks Continue to Rocket Higher
Sun, 10 Sep 2017 11:33:00 +0000
Investors in the tech space may be missing out on remarkable gains by ignoring the growing prominence of China's internet triumvirate.
China's ever-tighter web controls jolt companies, scientists
Sun, 10 Sep 2017 04:15:26 +0000
Frank Chen's e-commerce business has nothing to do with politics but he worries it might be sunk by the Communist Party's latest effort to control what the Chinese public sees online. Chen's 25-employee …
Baidu, Inc. :BIDU-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
Fri, 08 Sep 2017 21:57:49 +0000
Categories: Yahoo FinanceGet free summary analysis Baidu, Inc. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Baidu, Inc. – SINA Corp., Sohu.com, Inc., Yandex NV Class A, Alphabet Inc. Class A, Phoenix New Media Ltd. Sponsored ADR Class A and Blucora, Inc. (SINA-US, SOHU-US, YNDX-US, … Read more
[$$] Hong Kong's hot governance issues are minefield for investors
Thu, 07 Sep 2017 23:04:56 +0000
Which would you rather own: a company whose board takes its direction from the Chinese Communist party, or one that hasn't held a shareholder vote in eight years? Every financial centre has its hot governance …
Could SINA Corp. Be a Millionaire Maker Stock?
Thu, 07 Sep 2017 13:30:00 +0000
This oft-overlooked Chinese tech stock turned $10,000 into $1 million before. Will history repeat itself?
Also on Market Tamer…
Follow Us on Facebook