Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $192.50 short call and a strike $197.50 long call offers a potential 66.67% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $192.50 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $3.00 would be incurred if the stock rose above the $197.50 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 37.6 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
3 Things Baidu Needs to Get Right on Tuesday
Sun, 28 Oct 2018 15:36:00 +0000
China's leading search engine reports third-quarter results on Tuesday. The stock hit a new 52-week low on Friday. Something's got to give.
Can Baidu Overcome Trade War Fears When It Reports Earnings?
Sun, 28 Oct 2018 14:13:00 +0000
The Chinese search giant's stock price doesn't tell the whole story.
Baidu Inc. (BIDU) Stock Moves -1.01%: What You Should Know
Fri, 26 Oct 2018 21:45:09 +0000
Baidu Inc. (BIDU) closed the most recent trading day at $188.51, moving -1.01% from the previous trading session.
4 New Long-Term Catalysts For Baidu’s Stock
Fri, 26 Oct 2018 02:02:00 +0000
Mini programs, streaming media, blockchain, and AI could widen Baidu’s moat over the next decade.
Nio helps Los Altos startup score $30M for race to develop 'eyes' for cars
Thu, 25 Oct 2018 20:21:49 +0000
The company says that its lidar can detect objects that are more than 200 yards away and in much greater detail than its competitors' sensors.
Related Posts
Also on Market Tamer…
Follow Us on Facebook