Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 33.87% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $2.53 would be kept by the premium seller. The risk of $7.47 would be incurred if the stock dropped below the $120.00 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 66.97 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 Inc. (BIDU) Outpaces Stock Market Gains: What You Should Know
Wed, 19 Feb 2020 22:45:10 +0000
Baidu Inc. (BIDU) closed the most recent trading day at $135.81, moving +1.21% from the previous trading session.
Charlie Munger: Boeing Will Survive, and Elon Musk Isn't Wrong All the Time
Tue, 18 Feb 2020 15:38:57 +0000
Notes on the Daily Journal Q&A; with chairman Charlie Munger Continue reading…
JD.com, Inc. — Moody's – Chinese internet and logistics companies' roles against the coronavirus will strengthen their market positions
Tue, 18 Feb 2020 05:10:19 +0000
Moody's Investors Service says in a new report that Chinese internet and logistics companies are helping combat the coronavirus outbreak by identifying affected areas, transporting and distributing medical supplies, and addressing customer demand for online medical services and daily essentials, a credit positive for these companies in the long run. “Companies like Baidu and Alibaba are leveraging their strong technology platforms, robust supply chain capabilities and large user bases to help the government combat the outbreak, which we expect will further strengthen their leading market positions, primarily through higher user stickiness,” says Lina Choi, a Moody's Senior Vice President. Meanwhile, members of the public have relied on Tencent Holdings Limited's (A1 stable) various media and social networking platforms, including Tencent News and Weixin, to stay up-to-date on the latest professional medical advice and government measures.
Top 5 Buys of Charles Brandes' Firm
Thu, 13 Feb 2020 23:10:48 +0000
Firm of Ben Graham disciple releases portfolio. Buys include two Chinese companies Continue reading…
Some U.S.-listed China firms see shorting spike, others see short-covering jump
Thu, 13 Feb 2020 21:28:01 +0000
Short selling of U.S.-listed companies from China and Hong Kong has climbed since the coronavirus outbreak was confirmed on Jan. 20, according to the latest report from S3, a provider of short interest and securities finance data. S3 said that $751 million new shares were shorted in the 494 U.S.-traded Chinese and Hong Kong stocks the company tracks, bringing total short interest in those stocks to $27.27 billion. S3 said it expects to see continued short-selling in Chinese/Hong Kong stocks and that this would happen primarily in the U.S. market as Chinese regulators limit short-selling on China's exchanges.
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