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 $165.00 long put offers a potential 17.37% return on risk over the next 7 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 $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $165.00 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 54.84 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
Goldman Sachs: Lower Expectations from Markets
Wed, 06 Feb 2019 16:25:02 +0000
Bears Are Getting Restless, Markets Continue to Rally(Continued from Prior Part)Goldman Sachs As we noted previously, US equity markets had the best January in 30 years. In December, markets fell sharply—the worst December since the Great
China AI Is Booming: 3 Stocks to Invest In
Wed, 06 Feb 2019 15:00:00 +0000
Think the U.S. dominates artificial intelligence sector? Baidu, Alibaba, and Tencent want to change that.
Google Worker Poll Puts CEO on the Spot
Wed, 06 Feb 2019 12:30:26 +0000
The Latest from Google, Facebook, Twitter, and Snap(Continued from Prior Part)Workers are eroding confidence in Google CEOResults from a Google (GOOGL) employee survey cited by Bloomberg show that workers at the company are losing faith in the
Baidu Inc. (BIDU) Outpaces Stock Market Gains: What You Should Know
Tue, 05 Feb 2019 22:45:10 +0000
In the latest trading session, Baidu Inc. (BIDU) closed at $176.23, marking a +1.32% move from the previous day.
Why NIO, China’s Tesla, Rose ~24% in January
Tue, 05 Feb 2019 19:27:52 +0000
Why NIO, China's Tesla, Rose ~24% in JanuaryNIO’s January performance Since NIO (NIO), popularly hailed as China’s Tesla, was listed on the NYSE in September 2018, it has seen wild roller-coaster ride. In October and December 2018, NIO fell
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