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 38.12% return on risk over the next 32 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 $2.76 would be kept by the premium seller. The risk of $7.24 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 48.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baidu
Qihoo, Facebook, Yandex Lead Internet Content Group
Tue, 21 Jan 2014 23:01:00 GMT
Investor's Business Daily – Qihoo, Facebook, Yandex Lead Internet Content Group
Chinese web traffic redirected to small US compan
Tue, 21 Jan 2014 21:36:44 GMT
CNBC – Chinese Internet traffic redirected to a US company. Baidu and other companies were affected by the outage, the WSJ reports.
China Internet Outages Disrupts Baidu, QQ
Tue, 21 Jan 2014 16:48:00 GMT
TheStreet – Web sites with addresses using the .com domain including Baidu were apparently hardest hit. Strictly Chinese Web sites that use addresses with the .com.cn domain were not affected.
Lenovo restarts talks to buy IBM server unit: source
Tue, 21 Jan 2014 16:42:51 GMT
Reuters – NEW YORK/HONG KONG (Reuters) – China's Lenovo Group Ltd has resumed talks to buy International Business Machines Corp's (IBM) low-end server unit, a source familiar with the matter said, a purchase that …
Lenovo restarts talks to buy IBM server unit: source
Tue, 21 Jan 2014 16:42:51 GMT
Reuters – China's Lenovo Group Ltd has resumed talks to buy International Business Machines Corp's low-end server unit, a source familiar with the matter said, a purchase that would bolster its efforts to diversify …
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