Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 12.99% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock dropped below the $160.00 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 56.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Baidu, Qihoo Bets On Mobile Gaming Starting To Pay Off
Mon, 10 Mar 2014 22:00:00 GMT
Baidu’s Iqiyi overtakes Youku as China’s most popular video service
Mon, 10 Mar 2014 21:42:32 GMT
It's already a bubble (and a new iPad app for investors)
Mon, 10 Mar 2014 20:43:00 GMT
MarketWatch – Here's everything a Revolution Investor needs to be reading into the weekend.
Time To Sell Qihoo And Buy Baidu?
Mon, 10 Mar 2014 17:59:36 GMT
Seeking Alpha – Qihoo 360 ( QIHU ) reported earnings and revenue that blew past analyst estimates. The company also guided Q1 2014 revenue ahead of consensus. Qihoo posted another quarter of triple digit earnings and …
Why Baidu will continue to invest in new mobile products in 2014
Mon, 10 Mar 2014 13:00:13 GMT
Market Realist – The company provided an outlook for 2014, in which it mentioned that it expects its profits to remain flat, as it plans to continue to investment in key strategic areas.
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