Day Trading EV Stocks LI Stock Short Sympathy Play to NIO Stock First Red Day Bounce
Channel: Mario Alvarado
Date: 2020-11-13

Hey whats up guys this is Mario, today I am going to cover how I day traded LI Stock short sympathy play to NIO Stock First Red Day. I also had the opportunity to day trade NIO Stock on a Bounce to its important support level on the chart. Overall the Chinese EV Stock industry was overextended especially after LI reported earnings. XPEV Stock, LI Stock, and NIO Stock were all overextended on the daily chart, and a pullback was about to happen. These are the reason why I decided to short LI Stock on a sympathy play to NIO Stock First Red Day. I hope you guys learn something from this video, don't forget to smash the like button and subscribe to this channel if you guys find any value. Thank you! 



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