Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 53.85% 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 $190.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $185.00 long put 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 up which suggests that the medium-term momentum for Baidu is bullish.
The RSI indicator is at 54.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
This Country Is Getting Super-Cool Driverless Pods Very Soon
Wed, 20 Apr 2016 17:39:03 GMT
Fortune – They'll be running by the end of the year.
Baidu says completed around $155 million fundraising for new video business affiliate
Wed, 20 Apr 2016 11:16:26 GMT
Baidu says completed around $155 million fundraising for new video business affiliate
Wed, 20 Apr 2016 11:16:26 GMT
Baidu says completed around $155 mln fundraising for new video business affiliate
Wed, 20 Apr 2016 11:13:58 GMT
Reuters – Baidu Inc has completed raising around 1 billion yuan for a new video business affiliate, it said in a posting on its microblog on Wednesday. Baidu Video will operate independently of Baidu. It will also …
Baidu says completed around $155 million fundraising for new video business subsidiary
Wed, 20 Apr 2016 02:46:09 GMT
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