Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $247.50 short put and a strike $242.50 long put offers a potential 34.77% 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 $247.50 by expiration. The full premium credit of $1.29 would be kept by the premium seller. The risk of $3.71 would be incurred if the stock dropped below the $242.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baidu is bearish and the probability of a decline 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 75.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Want FANGs with DRIPs? Check Out the ‘CIMBA' Stocks
Sun, 06 May 2018 18:01:00 +0000
Despite recent weakness, the technology sector has been among the best-performing groups for well over a year. — observes Chuck Carlson, editor of DRIP Investor and a contributor to MoneyShow.com. The one problem for dividend-reinvestment/direct-purchase plan (DRIP) investors is none of the FANG stocks offers a company-sponsored DRIP.
5 Key Ways To Profit From Alibaba's Earnings, Other China Stocks
Fri, 04 May 2018 16:45:08 +0000
Many China stock plays gained Friday as Alibaba delivered a quarterly earnings beat and boosting its full-year revenue outlook past views.
Why Baidu Inc. Will Keep Crushing the Bears
Fri, 04 May 2018 13:31:00 +0000
The “Google of China” still has plenty of room to run.
Has Baidu (BIDU) Outpaced Other Computer and Technology Stocks This Year?
Fri, 04 May 2018 13:09:01 +0000
Is Baidu, Inc. (BIDU) Outperforming Other Computer and Technology Stocks This Year?
Edited Transcript of BIDU earnings conference call or presentation 27-Apr-18 2:15am GMT
Thu, 03 May 2018 15:45:37 +0000
Q1 2018 Baidu Inc Earnings Call
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