Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $220.00 short put and a strike $215.00 long put offers a potential 34.77% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $220.00 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 $215.00 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 57.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Methode Electronics (MEI) Soars: Stock Adds 15.9%
Fri, 05 Sep 2014 11:12:47 GMT
Zacks – Methode Electronics, Inc. (MEI) was a big mover last session, as the company saw its shares rise nearly 16% on the day.
Baidu says its massive deep learning system is nearly complete
Thu, 04 Sep 2014 23:17:43 GMT
Baidu Makes Gadgets and Moves Into E-Commerce
Thu, 04 Sep 2014 20:22:17 GMT
BusinessWeek – The Google guys can have their glasses; Baidu CEO Robin Li has his electronic chopsticks and a shopping camera
The Top Ten Stocks for Thursday, September 4
Thu, 04 Sep 2014 14:06:18 GMT
China Internet Dominance a 3 Company Battleground
Thu, 04 Sep 2014 12:04:36 GMT
Bloomberg – Sept. 4 (Bloomberg) — Bloomberg’s Mia Saini examines the battle for internet dominance in China and what these companies may mean to e-commerce in the United States. She speaks on “Bloomberg Surveillance.”…
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