Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $197.50 short put and a strike $192.50 long put offers a potential 46.63% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $197.50 by expiration. The full premium credit of $1.59 would be kept by the premium seller. The risk of $3.41 would be incurred if the stock dropped below the $192.50 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 57.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Mercedes-Benz and Baidu deepening their strategic partnership: Intelligent and connected: Mercedes-Benz at the CES in China
Wed, 27 May 2015 10:59:08 GMT
noodls – Consumer Electronics Show (CES) also opening its doors in Asia for the first time. From 25 to 27 May 2015, visitors with a penchant for technology and the internet will have an opportunity to witness exciting …
Mercedes is partnering with this Chinese tech giant on cars
Tue, 26 May 2015 17:01:07 GMT
Fortune – Mercedes-Benz welcomes technology from “China's Google” onto its car dashboards.
Chinese Technology Firms Eye Autos
Tue, 26 May 2015 13:05:00 GMT
Daimler teams up with China's Baidu in connected cars drive
Mon, 25 May 2015 14:18:49 GMT
Reuters – German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz cars as part of a trend of deepening ties between carmakers and consumer technology companies. Carmakers are seeking to extend information and entertainment services available in vehicles, as well as smartphone compatibility, in an era of increasingly congested traffic. Daimler and Chinese tech giant Baidu announced their tie-up on Monday at consumer electronics show CES in Shanghai.
Daimler teams up with China's Baidu in connected cars drive
Mon, 25 May 2015 11:58:21 GMT
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