Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $160.00 short put and a strike $150.00 long put offers a potential 17.51% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $1.49 would be kept by the premium seller. The risk of $8.51 would be incurred if the stock dropped below the $150.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Baidu
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Tue, 03 Dec 2013 15:04:35 GMT
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Tue, 03 Dec 2013 13:00:41 GMT
theflyonthewall.com – Western Digital and Baidu to integrate storage services
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Mon, 02 Dec 2013 18:00:06 GMT
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Sun, 01 Dec 2013 21:55:00 GMT
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