Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 35.5% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $1.31 would be kept by the premium seller. The risk of $3.69 would be incurred if the stock dropped below the $102.00 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 65.53 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 NOTICE: ROSEN, TRUSTED AND INVESTOR COUNSEL, Reminds Baidu, Inc. Investors To Contact Firm BEFORE Important Deadline in Class Action Seeking Recovery of Investor Losses- BIDU
Thu, 28 May 2020 09:10:00 +0000
NEW YORK, NY / ACCESSWIRE / May 28, 2020 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Baidu, Inc. (NASDAQ: BIDU) between March 16, 2019, and April 7, 2020, …
SHAREHOLDER ALERT: CLAIMSFILER REMINDS BBBY, BIDU, GRPN, IQ INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
Thu, 28 May 2020 02:50:10 +0000
NEW ORLEANS, May 27, 2020 — ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits: Bed.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Baidu, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 22, 2020 – BIDU
Wed, 27 May 2020 18:50:00 +0000
New York, New York–(Newsfile Corp. – May 27, 2020) – The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Baidu, Inc. (NASDAQ: BIDU) (“Baidu, Inc.”) between March 16, 2019 and April 7, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Northern District of California. To get …
Baidu Accelerates Its Self-Driving Car Initiative with New Test Center and Partnership
Wed, 27 May 2020 18:04:00 +0000
Big investments in autonomous-vehicle and AI technology could be the key to getting Baidu's growth back on track.
BIDU SHAREHOLDER UPDATE: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Baidu, Inc. and Encourages Investors to Contact the Firm
Wed, 27 May 2020 17:49:00 +0000
NEW YORK, NY / ACCESSWIRE / May 27, 2020 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Baidu, Inc. (“Baidu” or “the Company”) …
Related Posts
Also on Market Tamer…
Follow Us on Facebook