Day Trading BIDU Stock Baidu Stock Short on Chinese EV Stocks Speculation
Channel: Mario Alvarado
Date: 2020-12-17

Hey what up guys this is Mario, back again with another day trading video. Today I am going to go over day trading BIDU Stock Baidu Stock short on Chinese EV Stocks speculation. BIDU Stock Baidu Stock on Tuesday December 15 reported that it was looking into getting into the Chinese EV Stocks manufacturing space. When BIDU Stock Baidu Stock reported this news, BIDU Stock Baidu Stock started making a huge moves with above average volume. To me BIDU Stock Baidu Stock started to look overextended especially on the daily chart, because it broke above the bollinger bands. Yesterday BIDU Stock Baidu Stock had a blow off candle intraday move, and because of this intraday move I felt that there was going to be a day trade today. I was actually looking for a First Red Day on BIDU Stock Baidu Stock today, but because it went red pre-market I decided to change my plans. I later changed it my trading plan to more like a low hanging fruit trade short at the mid-point after BIDU Stock Baidu Stock showed some strength at the open and went parabolic. I shorted BIDU Stock Baidu Stock at the mid-point and covered after the fade for my 2 to 1 risk to reward ratio. I hope you guys learn something from this video, don't forget to smash the like button and subscribe to this channel. Thank you!


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