Baidu's most recent trend suggests a bullish bias. One trading opportunity on Baidu is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 32.63% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $2.46 would be kept by the premium seller. The risk of $7.54 would be incurred if the stock dropped below the $155.00 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 46.27 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
Earnings Preview: Western Digital continues powering higher ahead of Q2 report
Wed, 22 Jan 2014 19:52:03 GMT
theflyonthewall.com – Earnings Preview: Western Digital continues powering higher ahead of Q2 report
China Internet IPOs To Look For This Year
Wed, 22 Jan 2014 14:36:00 GMT
Barrons.com – Chinese Internet stocks rebounded strongly in 2013. The IPO market revived a bit, seeing a few high-quality listings – though small – towards the end of the year. Baidu's (BIDU) online travel search site …
VisionChina Media Announces Exclusive Strategic Cooperation with Baidu Games
Wed, 22 Jan 2014 12:46:49 GMT
noodls – BEIJING, Jan. 22, 2014 /PRNewswire/ — VisionChina Media Inc. (“VisionChina Media” or the “Company”) (Nasdaq: VISN), one of China's largest out-of-home digital television advertising …
VisionChina Media Announces Exclusive Strategic Cooperation with Baidu Games
Wed, 22 Jan 2014 12:27:00 GMT
PR Newswire – BEIJING, Jan. 22, 2014 /PRNewswire/ — VisionChina Media Inc. (“VisionChina Media” or the “Company”) (Nasdaq: VISN), one of China's largest out-of-home digital television advertising …
LinkedIn Takes New Step In Slow Road To China
Wed, 22 Jan 2014 10:28:30 GMT
Seeking Alpha – Online professional networking leader LinkedIn (NYSE: LNKD ) took a big step towards entering the lucrative but tricky China market last week when it created a new China chief position and filled it with …
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