TradingView
Nick_C_
Jan 7, 2016 8:05 PM

Daily short in BIDU Short

Baidu, Inc.NASDAQ

Description

After gapping and holding below 2 earnings levels, I will take this 2R short.

3 primary reasons I'm bearish:

1. RgMov is in a downtrend, with 5/13 MA clearly bearish
2. Price is expanding range lower on both a daily and weekly scale
3. Price is right below two key earnings levels that will act as resistance

GL!
Comments
IvanLabrie
Nailed it.
More