Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $230.00 short call and a strike $250.00 long call offers a potential 455.56% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $230.00 by expiration. The full premium credit of $16.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock rose above the $250.00 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 below 20 which suggests that the stock is in oversold territory.
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
China joins HK-U.S. battle for Chinese tech listings
Mon, 09 Apr 2018 09:15:30 +0000
When Charles Li, chief executive of the Hong Kong Exchange, last year announced plans to help the next wave of Chinese tech giants go public in the city, bankers celebrated. At last, they felt, Hong Kong could compete against New York, its fiercest rival for initial public offerings, by starting to offer tech founders the weighted voting rights common in the United States they were demanding. On March 30, China's securities regulator announced its own pilot scheme to encourage the very same group of companies to list in Shanghai and Shenzhen.
3 Reasons Why I Bought Bitauto Stock Last Month
Sun, 08 Apr 2018 17:00:00 +0000
China's leading provider of online auto marketing services is hitting new 52-week lows, and that sounds like a dinner bell.
A Closer Look at the JD.Com–Suzhou Tianma Partnership
Fri, 06 Apr 2018 14:30:23 +0000
JD.com (JD) has signed a strategic agreement with Suzhou Tianma Specialty Chemicals regarding areas such as e-commerce solutions. The agreement is expected to pave the way for Suzhou Tianma to sell its products on JD’s online platforms while JD gets more inventories for its customers.
Alibaba as a Car Dealer
Fri, 06 Apr 2018 13:00:56 +0000
Alibaba’s (BABA) massive audience of more than 515 million active shoppers in China seems to be a treasure that global automobile manufacturers are positioning themselves to tap into. In late March 2018, Alibaba and Ford Motor Company (F) unveiled a unique car vending machine in the southern Chinese city of Guangzhou, building on the commercial collaboration partnership they started in December.
Looking at Alphabet’s Valuation Multiples
Fri, 06 Apr 2018 12:14:15 +0000
What to Watch for in Alphabet's 1Q18 Results
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