Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 21.95% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $2.70 would be kept by the premium seller. The risk of $12.30 would be incurred if the stock dropped below the $195.00 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 36.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Alibaba, Tencent spend billions in race to be China's one-stop online shop
Tue, 20 Jan 2015 23:03:17 GMT
Reuters – BEIJING/SHANGHAI, Jan 21 (Reuters) – Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world's population. Before China became the biggest smartphone market, there was little overlap between the businesses of e-commerce leader Alibaba Group Holding Ltd, social networking firm Tencent Holdings Ltd and search engine provider Baidu Inc. “What keeps people up at night is the fact that they might miss a certain trend or a certain hot company that really is going to bring all the attention and the users in,” said Duncan Clark, managing director of Beijing-based consultancy BDA. In little over a month, taxi-hailing apps Didi Dache, supported by Tencent, and Alibaba-funded Kuaidi Dache raised over half a billion dollars each, while U.S. taxi app Uber attracted an undisclosed sum from Baidu.
Baidu Teams Up with Intel to Boost Online Video Platform – Analyst Blog
Tue, 20 Jan 2015 22:54:10 GMT
Taking Stock: Riedel Says Many Emerging Markets Outperform U.S.
Tue, 20 Jan 2015 19:36:29 GMT
Bloomberg – Taking Stock with Carol Massar and Michael McKee. GUEST: David Riedel President of Riedel Research Group Discussing investing in emerging markets like China, Mexico and Peru Running time 07:57
iQIYI.com and Intel Enhance Collaborative Partnership
Mon, 19 Jan 2015 12:27:00 GMT
PR Newswire – BEIJING, Jan. 19, 2015 /PRNewswire/ — iQIYI, an independently operated subsidiary of Baidu (NASDAQ:BIDU) and one of the largest internet and mobile video service providers in China, today announced that …
Chinese Internet IPOs May Fade in 2015
Mon, 19 Jan 2015 02:11:26 GMT
Bloomberg – Jan. 19 (Bloomberg) — Investors looking for the next new wave of Chinese internet stocks may have to wait as 2015 is unlikely to be the year. Bloomberg’s Shery Ahn reports on “First Up.” (Source: Bloomberg)…
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