Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 24.22% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $8.05 would be incurred if the stock dropped below the $145.00 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 63.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
[$$] China Forces Four U.S. TV Shows Off Web
Sun, 27 Apr 2014 23:07:47 GMT
[$$] Baidu's Profit Outlook Mystifies
Sat, 26 Apr 2014 03:48:16 GMT
How The Little Guy Got A Fairer Chance To Profit In Stocks
Fri, 25 Apr 2014 23:07:00 GMT
4:36 pm Baidu.com beats by $0.21, misses on revs; guides Q2 revs in-line
Fri, 25 Apr 2014 20:36:00 GMT
Why Baidu (BIDU) Stock Is Higher Friday
Fri, 25 Apr 2014 17:00:00 GMT
TheStreet – Baidu (BIDU) stock is up Friday after the company released its first quarter 2014 report showing an increase in income and revenue.
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