The popular video platform has released its quarterly financial and operating results – which show a stellar performance.
Bilibili maintained a high growth rate in Q2 and gained over USD 1 billion in the first half of 2021, which exceeded its expectations.
The company has attracted a large number of active creators and increased its user numbers through...
See the day chart
Q2 revenue was better than analysts expectations
It's diversification strategy of moving into gaming may yield some results much later and this is a competitive areas with dominant players like Tencent
Possible stop under D.
Price fell below the lower bollinger band with an SMA on 80 verses 20. This can also be a bearish signal and exhibits extreme selling pressure, so here you play it by ear and go with your gut. A strong security will often snap back in to the bands and many will trade at least back up to the middle band.
Price fell below the bottom band...
According to a CNBC report, China's report, which called online gaming "spiritual opium," has been reworked using "much softer" language.
At the moment, the instrument found support at 79.00, they are not allowed below.
I plan to go long after a false breakout of the 79.00 level or after exiting the wedge. I will look at the moment the candlestick volumes,...
day chart on BILI
(1) BILI is holding the support well, and I see green horizontal line as a support
(2) purple zone would be the safe demand zone to enter
(3) target: blue tunnel first, then close to ath
Wedge Breakout
Possible Head and Shoulder
Stop 146
Short 125
Target 80
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
trendline acts as support and resistance for this stock. right now its a strong resistance, id wait for a clear break before entering a position. neutral for now
