Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 35.14% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $2.60 would be kept by the premium seller. The risk of $7.40 would be incurred if the stock dropped below the $140.00 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 48.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Stocks look technically sound amid earnings barrage
Wed, 23 Oct 2013 02:23:58 GMT
CNBC – Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
NQ Mobile Takes A Swing At Qihoo 360, Baidu
Tue, 22 Oct 2013 22:52:00 GMT
Investor's Business Daily – NQ Mobile Takes A Swing At Qihoo 360, Baidu
Pisani's market close: Momentum names drop
Tue, 22 Oct 2013 20:00:00 GMT
CNBC – CNBC's Bob Pisani looks at the day's market action. The S&P 500 set a record for the 4th straight day.
Baidu Antivirus Develops New, More Effective Solution to Widespread Cybercrime Malware Botnet, Virut
Tue, 22 Oct 2013 19:37:20 GMT
Marketwired – Baidu Antivirus today announced that it developed a new method to detect and eliminate all variants of the malicious “Virut” botnet, making it the first known antivirus program with complete …
Google Beats Apple and Baidu to $1,000
Tue, 22 Oct 2013 00:32:27 GMT
Motley Fool – Big G's big milestone paves the door to others joining the four-figure club.
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