Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 24.53% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $1.97 would be kept by the premium seller. The risk of $8.03 would be incurred if the stock dropped below the $135.00 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 40.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Can Youku Tudou Beat Out Baidu?
Thu, 14 Nov 2013 00:02:08 GMT
Motley Fool – Youku Tudou has been a leader in Chinese online video for a while, but Baidu is pressing hard to get the upper hand.
Baidu Bears Bow Out
Wed, 13 Nov 2013 18:32:01 GMT
Motley Fool – China's leading search engine Baidu sees another drop in short-sellers.
Chinese companies team up with the MPAA on piracy lawsuit against Baidu
Wed, 13 Nov 2013 14:45:24 GMT
The Verge – At one time, it was taken for granted in China that music and video content would be shamelessly pirated online. A group of Chinese companies including video hosting services Youku Tudou, Sohu, and Tencent's v.qq.com, have teamed up with the Motion Picture Association of America on a $48.9 million lawsuit against Baidu, the dominant search engine in China. Baidu feeds content into its own web and mobile video services, the plaintiffs argue, which include Baidu Yingyin, Baidu Video App, and Baidu TV Stick. The video search also leads users to places where they can download pirated material.
What's The Difference Between Qunar And Ctrip? ABR Puts Both On “Secular Long List”
Wed, 13 Nov 2013 14:08:00 GMT
Barrons.com – Qunar (QUNR), a subsidiary of Baidu (BIDU), went public lately. I spoke with Jenna Qian at Qunar's Investors Relations earlier this week. A key question on new investors' mind is: what's the difference between Qunar and Ctrip.com (CTRP), China's largest online travel agency? From what I gather: Qunar is a travel search engine, whereas Ctrip is an online travel agent.
EM Morning Roundup: Shares Across Asia Slump As Plenum Disappointed
Wed, 13 Nov 2013 13:53:00 GMT
Barrons.com – Asia did not see any details on reforms from the Communique from the Third Plenum. Shares across Asia fell. China: Baidu (BIDU) was sued by a group of Chinese Internet companies, led by Youku Tudou (YOKU) …
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