Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $180.00 short put and a strike $170.00 long put offers a potential 30.38% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $2.33 would be kept by the premium seller. The risk of $7.67 would be incurred if the stock dropped below the $170.00 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 62.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Q2 2014 Update: My Whistler Income And Growth Portfolio
Tue, 15 Jul 2014 18:24:31 GMT
3 Stocks Pushing The Technology Sector Higher
Tue, 15 Jul 2014 17:02:00 GMT
Baidu looking to strike game partnerships in Canada, Globe & Mail says
Tue, 15 Jul 2014 11:46:01 GMT
theflyonthewall.com – Baidu looking to strike game partnerships in Canada, Globe & Mail says
Baidu (BIDU) Showing Signs Of Being A Momo Momentum Stock
Mon, 14 Jul 2014 14:13:00 GMT
TheStreet – Trade-Ideas LLC identified Baidu (BIDU) as a momo momentum candidate
Sony's next flagship phone allegedly shown off with new body, same camera
Sat, 12 Jul 2014 12:29:00 GMT
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