Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $220.00 short put and a strike $215.00 long put offers a potential 49.25% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $220.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $215.00 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 59.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
China's Baidu says mobile investment a priority as third quarter revenue falls short
Thu, 30 Oct 2014 06:14:33 GMT
Reuters – China's dominant search engine Baidu Inc (BIDU.O) said it would continue to invest significantly to adapt its business to the mobile era, a transition that has tripped up other Internet peers born in the desktop PC era like Google Inc (GOOGL.O). Sometimes known as the “Google of China,” Baidu reported lower-than-expected 52 percent increase in third quarter revenue, and said it expected revenue growth in the fourth quarter to slow down marginally. The results pushed shares of the U.S.-listed company down 1.6 percent to $221.01 in extended trading, but executives took a longer-term view and reiterated investing in mobile – which now accounted for the majority of Baidu's traffic – was the company's top priority.
China's Baidu says mobile investment a priority as third quarter revenue falls short
Thu, 30 Oct 2014 06:14:33 GMT
China's Baidu says mobile investment a priority as Q3 revenue falls short
Thu, 30 Oct 2014 06:01:47 GMT
Reuters – China's dominant search engine Baidu Inc said it would continue to invest significantly to adapt its business to the mobile era, a transition that has tripped up other Internet peers born in the desktop PC era like Google Inc. Sometimes known as the “Google of China,” Baidu reported lower-than-expected 52 percent increase in third quarter revenue, and said it expected revenue growth in the fourth quarter to slow down marginally. The results pushed shares of the U.S.-listed company down 1.6 percent to $221.01 in extended trading, but executives took a longer-term view and reiterated investing in mobile – which now accounted for the majority of Baidu's traffic – was the company's top priority. “It's really not a quarters question or a 2015 question,” Chief Financial Officer Jennifer Li told analysts on a post-earnings call in response to a question about when margins might expand.
Baidu profit up 27 percent as mobile grows
Thu, 30 Oct 2014 04:53:25 GMT
AP – Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business. The Beijing-based …
Baidu profit up 27 percent as mobile grows
Thu, 30 Oct 2014 04:53:25 GMT
AP – Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business. The Beijing-based …
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