Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $217.50 short put and a strike $212.50 long put offers a potential 51.52% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $217.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock dropped below the $212.50 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 49.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Here Are The 3 Big-Cap Internet Leaders Right Now
Tue, 23 Sep 2014 23:58:00 GMT
Investor's Business Daily – Today's Screen Of The Day is Big Cap Leaders, companies with top-notch fundamentals and a market capitalization of at least $15 billion. The Big Cap Leaders list today is populated by three stalwart techs …
Alibaba, China Tech Stocks Continue To Fall
Tue, 23 Sep 2014 19:17:00 GMT
Alibaba founder Jack Ma now China's richest man
Tue, 23 Sep 2014 16:49:20 GMT
Baidu PC Faster Surpasses 70 Million Downloads Worldwide, Launches Version 5.0
Tue, 23 Sep 2014 14:00:00 GMT
Marketwired – Baidu , the world's leading Chinese search engine and developer of award-winning PC, Web and mobile products, today announced that its popular PC optimization software Baidu PC Faster has surpassed 70 …
10:00 am Baidu.com announced that its PC optimization software Baidu PC Faster has surpassed 70 mln downloads worldwide
Tue, 23 Sep 2014 14:00:00 GMT
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