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 26.26% return on risk over the next 10 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 $1.04 would be kept by the premium seller. The risk of $3.96 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 66.49 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
The C-Suite Speaks: Warren’s Wisdom
Mon, 07 Mar 2016 19:01:13 GMT
4 Reasons I'm Thinking Of Buying Baidu Inc.
Mon, 07 Mar 2016 14:04:00 GMT
How Baidu Is Strategizing To Retain Its Key Users
Mon, 07 Mar 2016 13:40:00 GMT
Forbes – With an 80% share in the Chinese search engine market, Baidu is the undisputed leader in the region where Google has entry restrictions. Baidu is now looking at ways to retain its users when they travel to other countries where Google has a presence. The company recently announced that it
Rising Commodity Prices Jumpstarts Stock Prices
Mon, 07 Mar 2016 10:30:41 GMT
Q&A: Andrew Ng, chief scientist, Chinese search giant Baidu
Fri, 04 Mar 2016 17:00:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook