This analysis doesn't talk about Baidu's general downward trend, but rather of a temporary upward "re-testing" if you will. Baidu's earnings release is expected by end of the month which will be announced shortly.
There are still more than 2 weeks worth of performance until a probable upward breakout. To investors trading it, this chart will reveal the most...
BIDU close to strong weekly support line. Possibly long and wait for 123 pattern for long trade. As we wait for the earnings report. Let's hope for results better than expected. Thumbs up if you agree. Here is what i'm also watching
BIDU (97/55) announces earnings on Monday after market close, so look to put on a play in the waning hours of the New York session ... .
Pictured here is a September 80/120 short strangle paying 1.65 as of Friday close with delta/theta metrics of 1.57/8.07. You can naturally go defined risk, but you'll have to go in a smidge tighter with the shorts to...
On initial screen for high rank/high implied, here are next week's potential winners for earnings-related volatility contraction plays: AAPL (31/27) (Tuesday after market close), X (52/54) (Thursday after market close), GILD (30/27) (Tuesday after market close), and BIDU (50/41) (Tuesday, but unspecified as to before or after market close). Because...
Baidu (BIDU) like china google search engine = From bottom >>> Moon
Good price for buy china stock Baidu.
S&P tested new Moon targets
Price Baidu good for long term.
Short-term = $149.00 - $174.00
Long-term = $234.00 - $244.00
BIDU is a huge bellwether of China. It has collapsed to a new low, indicating that the economy of China may be worse off than the official reports claim. This new low created a temporary bounce due to a severely steep selling trendline pattern.
Jumped up 13% from $167 to $185 share on April 9th, then dropped 9% to today April 15th. IS THIS headed upwards trajectory again towards $190?
60 billion Market Cap, PE around 14, this sure looks like a screaming buy with the population
of China. Worlds one third population will be using BIDU not Google.
How ingrained is this company in the modern Chinese way...
BIDU has formed a bear flag on the daily chart and drilling down into the hourly chart, we can see a clearer picture. Watching for a break of support on volume and a possible retest for confirmation for further downside.
Only 2% of the float are short (as of today) so short squeeze unlikely. Keep risk tight, any reclaim of support (if/when) it...
$BIDU Broke down out of its recent uptrend yesterday after negative earnings reaction last week.
$24M traded today in March 15th 195.00/200.00 strike puts (deep ITM) for very high per contract premium
Near term target - sub-$150 by mid-March
Note: Informational analysis, not investment advice.
Pictured here is the only earnings announcement-related volatility contraction play with the metrics I'm looking for: greater than 70% rank and greater than 50% 30-day (it was 68/55 as of Friday close). Setup Metrics: 3.40 credit, break evens at 20.60/27.40, -8.20 delta, 3.1 theta.
Obvious alternatives would be the April 18th 21/27 short strangle paying 1.21...