Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $197.50 short put and a strike $192.50 long put offers a potential 40.06% 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 $197.50 by expiration. The full premium credit of $1.43 would be kept by the premium seller. The risk of $3.57 would be incurred if the stock dropped below the $192.50 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 68.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Lenovo Sets Vision for Future Ecosystem of Connected Devices at Global Tech World Conference
Thu, 28 May 2015 04:01:00 GMT
Business Wire – BEIJING–(BUSINESSWIRE)– Lenovo (HKSE:0992.HK – News) (ADR:LNVGY – News) today at Lenovo Tech World, the company’s first global technology event, announced many new products, demonstrated several breakthrough product concepts that will change the way people interact with technology, and shared insight on the future of the industry from the CEOs of Intel, Microsoft and Baidu. “Lenovo Tech World was a celebration of innovation with some of the world’s great tech leaders, our partners and suppliers, and most important of all, our fans and customers,” said Yang Yuanqing, chairman and CEO, Lenovo. “Lenovo has a unique position in our industry because we can deliver the devices, smart connectivity and infrastructure required to create a great user experience and satisfy real user needs.
Google Inc (GOOGL) and eBay Inc (EBAY) Among Billionaires Top Picks Heading Into Q2
Wed, 27 May 2015 18:27:26 GMT
Aramark (ARMK), Baidu Inc. (BIDU) Among Billionaire Lee Ainslie’s New Stock Picks
Wed, 27 May 2015 16:19:20 GMT
Why China Just Spent $2.3 Billion On America's Hottest Startups
Wed, 27 May 2015 14:05:00 GMT
Forbes – China's three tech giants–Baidu, Alibaba, Tencent–are quietly plowing billions into America's hottest startups. Their goal: slit each other's throats back home. The result: astounding valuations for app developers.
Mercedes-Benz and Baidu deepening their strategic partnership: Intelligent and connected: Mercedes-Benz at the CES in China
Wed, 27 May 2015 10:59:08 GMT
noodls – Consumer Electronics Show (CES) also opening its doors in Asia for the first time. From 25 to 27 May 2015, visitors with a penchant for technology and the internet will have an opportunity to witness exciting …
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