Baidu's most recent trend suggests a bearish bias. One trading opportunity on Baidu is a Bear Call Spread using a strike $185.00 short call and a strike $195.00 long call offers a potential 9.17% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $185.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $9.16 would be incurred if the stock rose above the $195.00 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 24.72 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
HK's new board seen a big draw for startups, not secondary listings
Tue, 20 Jun 2017 09:02:19 +0000
Hong Kong stock exchange's plans for a new board to allow sweeping changes to its listing rules could lure a slew of technology startups, though they are less likely to attract Chinese firms already listed overseas. Major Chinese firms including Alibaba Group Holding Ltd , search giant Baidu Inc and e-commerce platform JD.com Inc all picked New York over Hong Kong for initial public offerings (IPOs).
With Facebook and Google Walled Off, China’s Digital Ad ‘Triopoly’ Thrives
Tue, 20 Jun 2017 04:35:30 +0000
China is home to some of the world’s largest digital-ad players, mostly because they have a stranglehold on the world’s second-biggest market, where their Western rivals are pretty much absent.
Why This Stock Has an Edge Over Baidu, Alibaba & Tencent
Tue, 20 Jun 2017 02:50:00 +0000
Artificial intelligence has been touted as the greatest thing since e-commerce for the tech sector. Jefferies analyst Rex Wu had a look at iFlytek’s competitive advantages over Chinese internet giants Baidu (BIDU), Alibaba (BABA) and Tencent (700.HK). Although internet companies are heavily investing in AI, management noted iFlytek's edge includes: 1) Leadership in fundamental research, thanks to Big Data accumulation, academic partnerships (China Academy of Science's sole partner), industry partnerships (education, healthcare).
3 Value Stocks You Haven't Thought Of
Mon, 19 Jun 2017 18:33:00 +0000
Thinking value stocks? Pay attention to Baidu, Acadia Pharmaceuticals, and Dycom Industries.
Will the U.S. Government Quash Baidu's Recovery?
Mon, 19 Jun 2017 14:16:00 +0000
The U.S. government has concerns about Chinese companies acquiring sensitive technology like AI. Will this put a damper on Baidu's return to growth?
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