Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $195.00 short put and a strike $190.00 long put offers a potential 28.21% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $190.00 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 above 80 which suggests that the stock is in overbought territory.
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
EMERGING MARKETS-Stocks snap 4-day losing streak, currencies fight to hold onto gains
Thu, 12 Nov 2015 10:52:14 GMT
Reuters – Emerging equities snapped a four-day losing streak on Thursday, thanks to a strong performance by Hong Kong-listed Chinese stocks but currencies struggled to hold onto recent gains against the dollar. A 2.4 percent rally in Hong Kong stocks, the best daily showing in five weeks, helped lift MSCI's benchmark emerging equity index 0.3 percent. Later on Thursday MSCI will announce the results of a semi-annual index review which should see the addition of around 14 U.S.-listed Chinese stocks, such as internet giants Alibaba and Baidu, to the main emerging markets index.
Silence the Noise: Alibaba is Crushing It
Wed, 11 Nov 2015 16:32:50 GMT
[$$] Why Tencent Has Room to Run
Wed, 11 Nov 2015 06:02:57 GMT
The Wall Street Journal – A solid third quarter highlights Tencent’s consistent execution, giving further support to its resilient share price.
China's ‘11.11' Shopping Day Speeds Past Black Friday
Tue, 10 Nov 2015 23:57:00 GMT
Investor's Business Daily – In its first 90 minutes, China's biggest shopping day of the year logged $5 billion in online sales, more than America's full Black Friday and Cyber Monday made combined last year. The “11.11” …
[$$] Why Tencent Has Room to Run
Tue, 10 Nov 2015 21:00:00 GMT
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