Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $267.50 short call and a strike $272.50 long call offers a potential 51.52% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $267.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock rose above the $272.50 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 70.52 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
2018 Forbes China 50 Most Innovative Companies (Full List)
Thu, 21 Jun 2018 08:51:00 +0000
Forbes China, the Chinese-language edition of Forbes, is out this week with its latest its annual “50 Most Innovative Companies” list. The list highlights innovative business approaches in 12 fields: retail, logistics, entertainment, online education, cloud computing, robotics, smart homes, AI services, fintech, blockchain, healthcare and automobiles.
5 Chinese Stocks to Buy for Market-Beating Growth
Wed, 20 Jun 2018 19:36:27 +0000
Chinese stocks, while hardly the under-covered investment opportunity they were more than a decade ago, still have intriguing growth prospects. They still offer exposure to China's enormous market – according to PricewaterhouseCoopers, China could be the largest economy in the world with about 20% of world GDP by 2050. And they still can leverage the country's expanding middle class and booming Internet presence. China has several companies that operate essentially parallel to big U.S. stocks, especially in the technology sector. However, many of these companies have evolved into massive hybrid beats, catering to their users in both the online and offline space. Several of these stocks are trading on the cheap thanks to ongoing trade-war fears between the U.S. and China. However, Goldman Sachs (GS) CEO Lloyd Blankfein calls Trump's threat of slamming tariffs on another $200 billion of Chinese imports a negotiating tactic. "That's what you would do if it was a negotiating position, and you wanted to remind your counterparty just how much firepower you had to bring to the negotiation," he said. With this in mind, we used TipRanks' unique market data to pinpoint five trending Chinese stocks with big Wall Street support. The following is a look at these stocks, analysts' average price targets and an explanation as to why Wall Street is so bullish right now. Here's a look at these five "Strong Buy" stocks from the "Middle Kingdom." SEE ALSO: 25 Blue-Chip Stocks Mutual Fund Managers Love Most
Has iQiyi Stock Finally Hit Its Ceiling?
Wed, 20 Jun 2018 15:49:54 +0000
IQ stock churned in the low $20’s and abruptly took off, climbing north of $30 almost instantly, then $40. Netflix has subscriber growth momentum too and now its $177 billion market dwarfs many of its competitors.
Baidu (BIDU): Moving Average Crossover Alert
Wed, 20 Jun 2018 10:23:10 +0000
Baidu, Inc. (BIDU) is looking like an interesting pick from a technical perspective
Alibaba, JD.com, Baidu All Fall: U.S.-Listed Chinese Companies
Tue, 19 Jun 2018 23:14:56 +0000
Alibaba Group Holding Ltd., JD.com Inc. and Baidu Inc. all closed down Tuesday amid growing trade tensions between the U.S. and China.
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