Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 9.17% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $157.50 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 37.76 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 is Still Investing Heavily for Future Growth
Fri, 08 Mar 2019 02:15:00 +0000
Several quarters of decelerating growth have investors spooked, but Baidu is spending now to ensure future success.
Where Does Showcase Fit in Facebook’s Strategy?
Thu, 07 Mar 2019 21:35:19 +0000
How These Digital Media Providers Are Working to Drive Growth(Continued from Prior Part)Facebook touts young audience reach Facebook (FB) recently launched a new video advertising program called Showcase. With Showcase, Facebook gives marketers more
China Announces Stimulus Measures
Thu, 07 Mar 2019 20:50:10 +0000
Can China Manage Growth without Fueling a Debt Crisis?(Continued from Prior Part)Worst performance in almost three decades China’s economy recorded growth of just 6.6% YoY (year-over-year) last year, its slowest pace since 1990. The country’s
NIO’s Gross Margin Turned Positive in Q4 2018
Thu, 07 Mar 2019 20:25:02 +0000
Why NIO Stock Tanked after Its Q4 2018 Earnings Release(Continued from Prior Part)NIO’s Q4 2018 earningsIn the previous part of this series, we looked at Chinese electric carmaker NIO’s (NIO) fourth-quarter revenues. The company’s future
NIO Reported Better-than-Estimated Revenues in Q4 2018
Thu, 07 Mar 2019 18:55:02 +0000
Why NIO Stock Tanked after Its Q4 2018 Earnings Release(Continued from Prior Part)NIO’s Q4 2018 revenue In the fourth quarter, NIO (NIO) reported net revenue of 3.44 billion Chinese yuan, or ~$500 million, about 134% higher than its revenue of 1.47
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