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 17.23% return on risk over the next 38 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 $1.47 would be kept by the premium seller. The risk of $8.53 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.
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LATEST NEWS for Baidu
About to Buy Driverless Car Stocks? Read This First
Tue, 14 Mar 2017 00:17:00 GMT
Intel's $15 billion purchase of Mobileye shakes up driverless car sector
Mon, 13 Mar 2017 23:12:23 GMT
Reuters – U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel's history and the largest purchase of a company solely focused on the self-driving sector. Intel will integrate its automated driving group with Mobileye's operations, with the combined entity being run by Mobileye Chairman Amnon Shashua from Israel.
Intel's $15 billion purchase of Mobileye shakes up driverless car sector
Mon, 13 Mar 2017 21:39:31 GMT
Reuters – U.S. chipmaker Intel (INTC.O) agreed to buy driverless technology firm Mobileye (MBLY.N) for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel's history and the largest purchase of a company solely focused on the self-driving sector. Intel will integrate its automated driving group with Mobileye's operations, with the combined entity being run by Mobileye Chairman Amnon Shashua from Israel.
Factbox – Intel invested in five self-driving startups
Mon, 13 Mar 2017 20:41:02 GMT
Intel's $15 billion purchase of Mobileye shakes up driverless car sector
Mon, 13 Mar 2017 20:38:57 GMT
Reuters – U.S. chipmaker Intel (INTC.O) agreed to buy driverless technology firm Mobileye (MBLY.N) for $15.3 billion (12.53 billion pounds) on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel's history and the largest purchase of a company solely focused on the self-driving sector. Intel will integrate its automated driving group with Mobileye's operations, with the combined entity being run by Mobileye Chairman Amnon Shashua from Israel.
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