Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $252.50 short put and a strike $247.50 long put offers a potential 24.07% 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 $252.50 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock dropped below the $247.50 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 72.25 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
How Baidu’s Mobile Strategy Is Affecting Its Growth
Wed, 07 Mar 2018 18:30:03 +0000
Baidu (BIDU) and its digital advertising counterparts such as Facebook (FB) and Alphabet’s (GOOGL) Google are booking more and more of their revenues on mobile devices. For Google, however, booking most of its revenue on mobile is coming at a cost. The company has been reporting rising traffic acquisition costs (or TAC) because it relies on mobile for the bulk of its advertising revenue.
Despite Recent Fall, JD.Com Inc (ADR) Stock Is a Long-Term Buy
Wed, 07 Mar 2018 17:05:04 +0000
Since late January, JD.Com Inc (ADR) (NASDAQ:JD) has gone down nearly 15%. Let’s face it, he believes that China has been a big-time violator of the rules, such as by dumping products and protecting domestic industries.
Baidu’s and Google’s Scorecards Side-by-Side
Wed, 07 Mar 2018 17:00:02 +0000
Baidu (BIDU) and Google have a lot of similarities. It’s no wonder Baidu has earned itself the nickname of the “Google of China.” Both Baidu and Google are Internet search engine providers, and they’re the dominant providers in their respective domestic regions. Beyond the Internet search business, which nets them advertising revenue, Baidu and Google’s parent, Alphabet (GOOGL), have interests in cloud computing and autonomous driving.
What You Need to Know about Baidu’s 4Q17 Performance
Wed, 07 Mar 2018 15:26:21 +0000
A Review of Baidu in the Wake of Its 4Q17 ResultsRevenue jumped 29%, smashed estimates
Alibaba Seeking to Edge Out Baidu from Ele.me
Wed, 07 Mar 2018 12:30:18 +0000
The Latest in Tech: Google, Facebook, Amazon, and Baidu
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