Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 17.51% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $1.49 would be kept by the premium seller. The risk of $8.51 would be incurred if the stock dropped below the $175.00 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 74.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Baidu: Deutsche Q2, Revenue Strong, Margin Is The Unknown
Thu, 03 Jul 2014 12:52:00 GMT
Barrons.com – Baidu (BIDU) will report its second-quarter earnings on July 23. Deutsche Bank believes Baidu will report another strong quarter of revenue growth, expecting its revenue to rise 59.3% from a year ago to 12 billion yuan. In the first quarter, Baidu's revenue rose 59.1%. Here are analysts Alan Hellawell III and Vivian Hao: Mobile search ads are seeing increasing adoption.
Rise of momentum stocks
Wed, 02 Jul 2014 17:03:00 GMT
CNBC – CNBC's Seema Mody looks at what small cap momentum stocks are making a big comeback.
New Lifetime High Today: Baidu (BIDU)
Wed, 02 Jul 2014 13:46:00 GMT
TheStreet – Trade-Ideas LLC identified Baidu (BIDU) as a new lifetime high candidate
Individual Investor Portfolio Update: Diversifying For Growth
Tue, 01 Jul 2014 05:40:25 GMT
For Alibaba, a challenge is to turn mobile into money
Tue, 01 Jul 2014 00:36:45 GMT
Reuters – Chinese e-commerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices. Alibaba, which is heading towards a bumper New York IPO later this year, is throwing billions of dollars at figuring out how to thrive as half a billion people, 80 percent of China's 618 million internet users, go online via mobile. Both problems threaten to squeeze future profitability. Making life tougher, rival Tencent Holdings Ltd has already planted its flag on smartphone screens with WeChat, the nearly ubiquitous app that has gone from a mobile messaging tool to a digital Swiss Army knife.
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