Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $172.50 short put and a strike $167.50 long put offers a potential 25.63% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $172.50 by expiration. The full premium credit of $1.02 would be kept by the premium seller. The risk of $3.98 would be incurred if the stock dropped below the $167.50 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 69.2 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
Baidu Mobile Security App Receives Perfect Score From AV-TEST Labs
Thu, 12 Jun 2014 17:04:28 GMT
Marketwired – Baidu , the world's leading Chinese search engine and developer of award-winning PC, Web and mobile products, today announced that its free Android antivirus app Baidu Mobile Security has received certification …
The “Google of China” Is Undervalued and Growing
Thu, 12 Jun 2014 03:53:22 GMT
Motley Fool – Low internet penetration levels in China provide room to grow. Baidu, the market leader, is likely to continue its upward trend with more capital and better technology.
Alibaba Pursues China's Mobile, U.S. E-Retail Markets
Wed, 11 Jun 2014 21:55:00 GMT
New Alibaba filing likely early next week
Wed, 11 Jun 2014 15:34:43 GMT
CNBC – This story is developing. Please check back for further updates. Click here for the latest on the markets.
Alibaba Rolls Up Rest of Chinese Mobile Services Provider UCWeb
Wed, 11 Jun 2014 15:04:30 GMT
TheStreet – Alibaba Group Holding, China's largest E-commerce company, awaiting its highly touted IPO, moves to roll up the balance of UCWeb, one of China's largest mobile services providers.
Related Posts
Also on Market Tamer…
Follow Us on Facebook