Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $220.00 short put and a strike $215.00 long put offers a potential 58.73% 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 $220.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock dropped below the $215.00 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 54.77 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
Stock Market Video Analysis for Week Ending 10/24/14
Sat, 25 Oct 2014 18:14:42 GMT
[$$] Why Baidu's Headed Up and Rival Qihoo Down
Sat, 25 Oct 2014 05:18:00 GMT
Video: Baidu Into ‘Indoor GPS' Takes On Apple, Alibaba
Fri, 24 Oct 2014 12:02:00 GMT
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Fri, 24 Oct 2014 12:02:00 GMT
Apple CEO says to add 25 stores in China within two years – Sina
Thu, 23 Oct 2014 11:24:52 GMT
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