Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $175.00 short call and a strike $180.00 long call offers a potential 16.01% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock rose above the $180.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baidu is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Baidu is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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
Voice: The Next Computing Empire
Sun, 12 Mar 2017 00:07:00 GMT
9 Most Popular Mobile Apps In China
Sat, 11 Mar 2017 15:17:28 GMT
California paves way to self-driving car tests without humans
Sat, 11 Mar 2017 00:48:48 GMT
3 Beaten-up Driverless Cars Stocks: Are They Bargains?
Fri, 10 Mar 2017 19:15:00 GMT
[$$] WikiLeaks Dump Adds to China's Foreign-Tech Wariness
Fri, 10 Mar 2017 04:40:29 GMT
The Wall Street Journal – The latest WikiLeaks trove hands fresh ammunition to China’s cyberspace hawks, already pushing to reduce dependence on foreign products that could be vulnerable to espionage.
Also on Market Tamer…
Follow Us on Facebook