With the strong rebound in US markets yesterday, a number of stock have started to bounce decisively off their recent low.
BILI has yet to bounce and appears to have found support at the 50% fibonacci retracement level around 40.85. A Bullish divergent between price and stochastic is also forming, presenting a good low risk entry right now. Long @ 42.38 with an initial stop loss a few ticks below the recent low of 40.38 with a potential swing target to recent high at 50-51.
caveat: BILI's momentum could be slow looking at it's past trend, mostly small range days with a good burst only now and then. Have to tame our expectations :)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.