Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 31.58% 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 $187.50 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $182.50 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 70.75 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
Cramer on whether China's FANG stocks are worth the risk
Tue, 23 May 2017 22:57:00 +0000
How much do fast-growing Chinese tech companies have in common with their U.S. counterparts? Jim Cramer breaks down how companies such as Alibaba, Baidu and Tencent stack up against Google parent Alphabet, Facebook and others.
Stay Long on Baidu
Tue, 23 May 2017 18:57:00 +0000
Not much has changed since we last checked.
After Changyou.com's Go-Private Offer, Which Chinese Company Could Be Next To Receive A Deal?
Tue, 23 May 2017 07:48:00 +0000
With Changyou getting a go-private offer, which company is next?
Google's AlphaGo takes on Chinese Go master in best of 3 matches
Tue, 23 May 2017 06:47:43 +0000
Google's artificial intelligence program AlphaGo took on the Chinese world number one of ancient board game Go on Tuesday, the second time it has gone head-to-head with a master Go player in a public showdown. In the first of three planned games at an event in the eastern Chinese water town of Wuzhen, AlphaGo, which is part of Google's DeepMind project, competed against Ke Jie, currently ranked as the top player in the world. Google and its parent Alphabet Inc's services are largely banned in China.
Will Baidu Ever Return to High Growth?
Mon, 22 May 2017 16:59:50 +0000
The company's aggressive focus on AI will unlock new growth opportunities
Related Posts
Also on Market Tamer…
Follow Us on Facebook