Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $180.00 short call and a strike $190.00 long call offers a potential 12.11% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $180.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $8.92 would be incurred if the stock rose above the $190.00 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 below 20 which suggests that the stock is in oversold territory.
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
Baidu Fires Head of Group-Buying Arm Citing Ethics Violations
Thu, 16 Mar 2017 04:50:39 GMT
Bloomberg – Baidu Inc. has fired Zeng Liang, head of its Nuomi group-buying division, citing violations of the search company’s ethics.
Baidu Fires Head of Group-Buying Arm Over Ethics Violations
Thu, 16 Mar 2017 04:50:39 GMT
Bloomberg – Baidu Inc. has fired Zeng Liang, head of its Nuomi group-buying division, citing violations of the search company’s ethics.
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