Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $227.50 short put and a strike $222.50 long put offers a potential 33.69% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $1.26 would be kept by the premium seller. The risk of $3.74 would be incurred if the stock dropped below the $222.50 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 above 80 which suggests that the stock is in overbought 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
These Techs Have Left FAANG Stocks in the Dust
Wed, 09 Aug 2017 18:30:00 +0000
Mythic Dragon: China tech stocks' 56% gain this year is double the S&P techs
Alphabet Inc (GOOGL) Stock Is More Than Worth Its Premium
Wed, 09 Aug 2017 15:46:15 +0000
It may be time to finally buy Alphabet Inc (NASDAQ:GOOGL, NASDAQ:GOOG). For those that have been absent on the GOOGL stock rally, it may be hard to jump in now. If investors want to own GOOGL via a fund — like the Fidelity Nasdaq Comp.
Earnings Review and Free Research Report: Baidu’s Quarterly Revenue Jumped 14.3%; Adjusted ADS Rocketed 98%
Wed, 09 Aug 2017 11:30:00 +0000
Research Desk Line-up: trivago Post Earnings Coverage LONDON, UK / ACCESSWIRE / August 9, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Baidu, Inc. (NASDAQ: BIDU ), which …
Coursera Co-Founder Ng Says AI Is the New Electricity
Tue, 08 Aug 2017 23:12:51 +0000
Aug.08 — Andrew Ng, co-founder of Coursera, discusses artificial intelligence deep learning, the competition with China for AI talent and opportunities for women in the field. He speaks with Emily Chang on “Bloomberg Technology."
[$$] Advanced tech outfits give Chinese military the cutting edge
Tue, 08 Aug 2017 20:02:55 +0000
Last week, the 90th anniversary of the founding of the People's Liberation Army dominated coverage on state-controlled media. It was celebrated in the traditional fashion with parades and displays of the …
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