Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 42.25% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $2.97 would be kept by the premium seller. The risk of $7.03 would be incurred if the stock dropped below the $175.00 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 58.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Baidu 2Q14 Preview: Competition Heating Up In Mobile Search
Sun, 20 Jul 2014 06:48:41 GMT
Seeking Alpha – Baidu (NASDAQ: BIDU ) will report earnings next Thursday (July 24th) with consensus expecting $1.28 in EPS and $1.92b in revenue. I recently initiated on Baidu with a $172 target highlighting that mobile …
Baidu Inc. Launches Portuguese-Language Search Engine In Brazil
Fri, 18 Jul 2014 21:20:46 GMT
Seeking Alpha – By Vikas Shukla Chinese Internet giant Baidu Inc (NASDAQ: BIDU ) announced Thursday that it has launched its Portuguese-language search engine in Brazil. The company has named its Brazilian search engine …
Changyou.com appoints Rucia Ren as acting CFO
Fri, 18 Jul 2014 09:21:14 GMT
theflyonthewall.com – Changyou.com appoints Rucia Ren as acting CFO
World Cup China SMG Sales Soared by 400%
Thu, 17 Jul 2014 12:00:00 GMT
PR Newswire – BEIJING, July 17, 2014 /PRNewswire/ — “Did you buy a lottery ticket tonight?”, “Brazil's team was the biggest loser; According to Statistics from Caitongcs, an Internet-based lottery consulting company, since the World Cup in Brazil opened, one of the most popular lotteries by sales, a guessing-type lottery (hereinafter referred to as “SMG”), kept hitting record highs by single-day sales. World Cup drives Chinese Lottery
Q2 2014 Update: My Whistler Income And Growth Portfolio
Tue, 15 Jul 2014 18:24:31 GMT
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