Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $250.00 short put and a strike $245.00 long put offers a potential 47.06% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $250.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock dropped below the $245.00 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 73.32 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
Why Isn't Baidu's Market Cap Bigger?
Mon, 07 May 2018 16:25:00 +0000
The Google of China demonstrated its strengths again with its latest quarterly report.
U.S. Rates Up, Weak Currencies Blow Up: Global Week Ahead
Mon, 07 May 2018 13:07:01 +0000
The Federal Reserve has acknowledged U.S. inflation has perked up, adding to the conviction that interest rates will rise faster this year.
Free Post Earnings Research Report: Alphabet’s Q1 Results Outperformed Forecasts
Mon, 07 May 2018 11:30:00 +0000
LONDON, UK / ACCESSWIRE / May 07, 2018 / If you want access to our free earnings report on Alphabet Inc. (NASDAQ: GOOGL), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GOOGL. The Company posted its financial results on April 23, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). The Company's revenues surged 26% y-o-y, beating market consensus estimates.
How Xiaomi Makes Money
Mon, 07 May 2018 10:00:00 +0000
Smartphone maker Xiaomi Corp. filed for its initial public offering (IPO) in early May, which is expected to be the largest of 2018. Xiaomi's CEO founded the company after selling his software provider Kingsoft Corp. to Amazon.com Inc. ( AMZN). The 48-year-old serial entrepreneur co-founded Xiaomi in 2010 with seven others, quickly establishing the company by selling discounted products with the same cutting-edge technology used by its competitors.
Want FANGs with DRIPs? Check Out the ‘CIMBA' Stocks
Sun, 06 May 2018 18:01:00 +0000
Despite recent weakness, the technology sector has been among the best-performing groups for well over a year. — observes Chuck Carlson, editor of DRIP Investor and a contributor to MoneyShow.com. The one problem for dividend-reinvestment/direct-purchase plan (DRIP) investors is none of the FANG stocks offers a company-sponsored DRIP.
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