Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $200.00 short call and a strike $205.00 long call offers a potential 41.24% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $1.46 would be kept by the premium seller. The risk of $3.54 would be incurred if the stock rose above the $205.00 long call 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 down which suggests that the medium-term momentum for Baidu is bearish.
The RSI indicator is at 56.18 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
Alibaba Joins Hands with Agencies to Leverage Its Consumer Data
Thu, 28 May 2015 18:31:08 GMT
Market Realist – Alimama, Alibaba Group's (BABA) online marketing technology platform, will work in tandem with four advertising agency partners.
The top 5 stocks held by billionaires
Thu, 28 May 2015 14:18:07 GMT
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
Related Posts
Also on Market Tamer…
Follow Us on Facebook