Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 75.44% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $2.85 would be incurred if the stock dropped below the $175.00 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 down which suggests that the medium-term momentum for Baidu is bearish.
The RSI indicator is at 34.37 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
Baidu Bets $300 Million against Alibaba
Wed, 21 Nov 2018 15:31:27 +0000
Baidu (BIDU) recently led a $300 million investment round in Xinchao Media, a Chinese outdoor advertising company. Xinchao specializes in elevator advertising, delivering ads in more than 700,000 elevators across more than 100 cities in China. The investment opens a door for collaboration between Baidu and Xinchao. Baidu plans to utilize the relationship to help Xinchao make its ads more relevant.
Twitter’s Non-Advertising Business Continues to Expand
Wed, 21 Nov 2018 14:00:48 +0000
Twitter (TWTR) is working to diversify its business as a way to reduce its reliance on advertising expenditures. Twitter’s non-advertising revenue rose 25% YoY to $108 million in the third quarter, making up 14% of the company’s total revenue. Non-advertising operations contributed 15.5% of revenue in the previous quarter and 14.7% of total revenue a year earlier.
Inside the Facebook-Microsoft AI Collaboration
Wed, 21 Nov 2018 12:32:17 +0000
Facebook (FB) has teamed up with Microsoft (MSFT) to cooperate more closely in contributing to the development of AI solutions. Specifically, Microsoft is throwing its weight behind Facebook’s open-source AI software, PyTorch, according to a CNBC report.
Will NetEase's Stock Finally Rebound in 2019?
Tue, 20 Nov 2018 23:18:00 +0000
The underdog’s growth engines are strong, but its expenses are soaring.
Could NIO Stock Rally after ES6 Launch Event?
Tue, 20 Nov 2018 22:10:02 +0000
In the previous part of this article, we discussed why the popular research firm Citron Research recommended a “buy” on NIO (NIO) on November 19. Overall, four out of ten total Wall Street analysts covering the company rated it as a “buy.” However, these analysts’ consensus target on NIO reflected only 0.4% upside potential from its November 19 closing price. The stock has rallied lately, and it was trading with 32.9% month-to-date gains, so Wall Street analysts might choose to update their target price on NIO in the coming weeks.
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