Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $257.50 short put and a strike $252.50 long put offers a potential 88.68% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $257.50 by expiration. The full premium credit of $2.35 would be kept by the premium seller. The risk of $2.65 would be incurred if the stock dropped below the $252.50 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 67.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Alibaba Should Fear These 3 Challengers
Mon, 29 Jan 2018 00:27:00 +0000
JD.com, Tencent, and Baidu are pooling their resources to take down Alibaba.
Meet China's Top 3 Streaming Video Platforms
Sun, 28 Jan 2018 20:10:00 +0000
Tencent Video, iQiyi, and Youku Tudou flourished in China after YouTube’s exit in 2009.
NVIDIA Is Primed and Ready for Robotaxis
Fri, 26 Jan 2018 02:37:00 +0000
Read about NVIDIA's latest collaborations with leading self-driving car developers.
A Look at Amazon Stock
Thu, 25 Jan 2018 12:33:58 +0000
Amazon: A Pre-Earnings Preview
China's Kuaishou in $1 billion Tencent-led funding round, eyes IPO – sources
Thu, 25 Jan 2018 10:41:28 +0000
Chinese live-video streaming start-up Kuaishou, backed by Tencent, is nearing the close of a $1 billion funding round led by the tech giant and plans to list as soon as this year, three people familiar with the matter said. The latest funding round values Kuaishou at about $18 billion and has attracted venture capital firm Sequoia Capital China, among other investors, the people said.
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