Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 8.11% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $9.25 would be incurred if the stock dropped below the $140.00 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 56.93 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
Chinese Internet IPOs worth the risk??
Mon, 05 May 2014 21:29:00 GMT
CNBC – CNBC's John Jannarone reports on the multi-billion dollar Chinese Internet IPO expected from JD.com.
mopay Signs Carrier Billing Contract with Baidu Mobile Game, China’s Leading Channel of Mobile Games Distribution and Promotion
Mon, 05 May 2014 13:00:00 GMT
Business Wire – PALO ALTO, Calif. & MUNICH & BEIJING–(BUSINESSWIRE)– mopay, a global leader in innovative payment solutions for online merchants, announced today a carrier billing partnership with Baidu Mobile Game, one of the largest mobile games distribution and promotion channels in China. Under this agreement, mopay will be the preferred carrier billing provider for mobile games, which are distributed by the Baidu Mobile Game platform. Baidu Mobile Game is the entertainment service platform of Chinese Internet giant Baidu, which is currently ranked the fifth largest website in the world according to Alexa Internet.
Revisiting The Baidu And Qihoo Investment Call
Sun, 04 May 2014 08:18:59 GMT
Seeking Alpha – In my previous article on Qihoo ( QIHU ) and Baidu ( BIDU ), I suggested that it might be prudent to sell Qihoo and buy Baidu, as I argued that the reward/risk ratio was on Baidu's side. Since March 10, …
Baidu: A Wide-Moat Business With 40% Upside Potential
Fri, 02 May 2014 20:40:38 GMT
3 Leading Chinese Stocks Among Top Mutual Fund Buys
Fri, 02 May 2014 02:45:00 GMT
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