Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $240.00 short put and a strike $235.00 long put offers a potential 27.88% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $240.00 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock dropped below the $235.00 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 50.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
China Stocks Hammered By Profit-Taking, Regulation Concerns
Wed, 29 Nov 2017 22:01:52 +0000
China stocks were getting whacked as investors looked at profit-taking and raised concerns over actions by Chinese regulators.
A Closer Look at Facebook’s Stock Today
Wed, 29 Nov 2017 21:10:16 +0000
Facebook (FB) has generated investor returns of 6.4% in the trailing-one-month period and 51.3% in the trailing-12-month period.
Why Baidu Inc Is More Than Just an Average Mobile Search Company
Wed, 29 Nov 2017 17:19:25 +0000
Baidu Inc (NASDAQ:BIDU) delivered strong performance for its mobile search and feed in the third quarter. Baidu’s core business did well in the third quarter, thanks to the company building the business foundation on two functions: mobile search and feed. As a result, users spent 15% more time on Mobile Baidu as compared to the previous quarter.
Baidu and Xiaomi Come Together for AI and IoT Development
Wed, 29 Nov 2017 16:36:04 +0000
Baidu, Inc. (BIDU) enters into partnership with Xiaomi; to use its AI technologies for the development of the IoT industry.
New Highs Await Weibo Corp (ADR) Stock, but Wait for a Pullback
Wed, 29 Nov 2017 16:25:11 +0000
Already up over threefold, Weibo Corporation (NASDAQ:WB) has a price-earnings multiple sure to scare away value investors. In the first quarter, Weibo reported revenue growth of 81% year-over-year, to $320 million. Since 96% of Weibo’s MAUs came from mobile devices, the company is clearly a solid mobile app play.
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