Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $103.00 short put and a strike $98.00 long put offers a potential 36.99% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $103.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $98.00 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 38.95 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
When To Buy The Best Growth Stocks: How To Analyze A Stock's Cup With Handle
Thu, 03 Oct 2019 21:00:07 +0000
The cup with handle chart pattern is to serious investors what the single is to a baseball fan. It's the starting point for scoring runs.
How China has overtaken the US in smart speakers
Thu, 03 Oct 2019 04:00:27 +0000
The Chinese technology company believes that after the move to mobile, the next major shift for its core search business will be to voice, according to Baidu’s vice-president for smart devices Jing Kun. “The early signs are that when these devices enter people’s homes they become the core of that home,” Mr Jing said in an interview.
Alibaba and Baidu Stock Movement amid Delisting Fear
Tue, 01 Oct 2019 18:16:03 +0000
The Trump administration is focusing on Chinese firms listed on the US stock exchanges. Talk of delisting these companies has become a regular phenomenon.
Major U.S. investors have billions at risk in Chinese stocks
Tue, 01 Oct 2019 05:00:00 +0000
Major U.S. fund managers have tens of billion of dollars at stake in some of the most popular Chinese stocks on Wall Street, exposing them to potential losses should the White House move to delist Chinese firms from U.S. exchanges. White House trade adviser Peter Navarro on Monday dismissed reports that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges as “fake news,” helping Chinese stocks including JD.com and Alibaba Group Holding recover some of their declines from Friday after the reports emerged. As Navarro's comments reduced investor fears, the S&P/BNY Mellon China Select ADR index rose 1.1% after tumbling more than 3% on Friday.
Baidu Inc. (BIDU) Outpaces Stock Market Gains: What You Should Know
Mon, 30 Sep 2019 21:50:09 +0000
Baidu Inc. (BIDU) closed the most recent trading day at $102.76, moving +1.53% from the previous trading session.
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