Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $195.00 short call and a strike $200.00 long call offers a potential 31.58% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $195.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock rose above the $200.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baidu is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Baidu is bearish.
The RSI indicator is at 37.77 level which suggests that the stock is neither overbought nor oversold at this time.
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
4 New Long-Term Catalysts For Baidu’s Stock
Fri, 26 Oct 2018 02:02:00 +0000
Mini programs, streaming media, blockchain, and AI could widen Baidu’s moat over the next decade.
Nio helps Los Altos startup score $30M for race to develop 'eyes' for cars
Thu, 25 Oct 2018 20:21:49 +0000
The company says that its lidar can detect objects that are more than 200 yards away and in much greater detail than its competitors' sensors.
Can Growing Partnerships Drive Baidu's (BIDU) Q3 Earnings?
Thu, 25 Oct 2018 15:30:03 +0000
Strong product portfolio and growing partnerships will likely drive Baidu's (BIDU) third-quarter results. However, increasing competition from other players might impact its results.
Micron Is Doubling Down on AI Projects
Thu, 25 Oct 2018 11:31:21 +0000
Micron (MU) is setting aside as much as $100.0 million to invest in startups working on AI projects involving hardware and software. The company’s areas of interest include self-driving, factory automation, and virtual/augmented reality. This move marks an expansion of Micron’s venture operations, as the company has had a venture capital program for more than a decade.
Chinese EV startup WM Motor raising at least $288 million from Baidu, others – sources
Thu, 25 Oct 2018 04:27:55 +0000
Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd aims to raise at least 2 billion yuan ($288.33 million) in its latest funding round to finance growth, valuing the nearly four-year-old firm at over 20 billion yuan, two people told Reuters. The fundraising comes as China's government promotes new energy vehicles (NEVs), a category comprising battery-powered and plug-in battery-petrol hybrid cars, to help reduce air pollution and support high technology development. WM was founded in January 2015 by Freeman Shen, a former executive at Fiat Chrysler Automobiles NV and Volvo Cars owner Zhejiang Geely Holding Group Co Ltd.
Related Posts
Also on Market Tamer…
Follow Us on Facebook