Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 36.61% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $2.68 would be kept by the premium seller. The risk of $7.32 would be incurred if the stock dropped below the $135.00 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 48.04 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
Why Baidu Is Incredibly Cheap
Tue, 15 Apr 2014 11:53:58 GMT
Seeking Alpha – As part of our process, we perform a rigorous discounted cash-flow methodology that dives into the true intrinsic worth of companies. In Baidu's ( BIDU ) case, we think the firm is incredibly cheap. In …
Bull of the Day: BitAuto Holdings (BITA)
Mon, 14 Apr 2014 05:00:16 GMT
Zacks – Grab a bit of the huge Chinese auto market while it's on sale
Analyzing The Ctrip-Qunar M&A Scenarios
Sun, 13 Apr 2014 10:46:35 GMT
Hedge funds initiating shorts on Priceline, Amazon, Twitter, CNBC says
Fri, 11 Apr 2014 16:44:29 GMT
Big shorts in Twitter, Priceline & Amazon
Fri, 11 Apr 2014 16:38:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook