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jangseohee
Jul 2, 2023 8:07 AM

BiliBili, $BILI is making a huge Inverted Head & Shoulders? Long

Bilibili Inc.NASDAQ

Description

Ever since price of BiliBili hit a record high of 150, it peaked out in Feb21 and collapsed like dominoes and reduced 90% of its price, finally bottomed at 9.4 with a massive inverted HEAD

However, there is a high possibility that price is on the right side of a potential Inverted Head & Shoulders, if this plays out, next target price will be 23 before crawling its way back to 105

I am bias towards long term bullishness although i will not Rule Out another quick plunge to flush out weak bulls

This research represents solely my own opinion and should not be deemed as a buy/sell call
Comments
Kent01
Thanks for the great job, Any updates please?
jangseohee
Hi @Kent01,

i normally will update at least after 6 months, because, price is fluctuating a lot and it is hard to see the differences
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