marketfellow

2020 Actual Trade: Ideal Entry Point After Breakout: BILI

Long
NASDAQ:BILI   Bilibili Inc.
  • Notice BILI made a 4.5 month base from July to November in the range of 42-52
    Marking 52 as the resistance, 11/19 earring report boosted BILI with +22% gains to 58 level
    Opening your eyes and following BILI like an eagle because the time will come soon
    In the next 9 sessions, BILI stayed in the tight range for consolidation between 59-64
    Then, opportunity arrived on 12/03 when BILI decided to move out this range so opening at 63.69
    The next 6 days were fast and excited to ride uphill to the top on 12/11 almost +7% intraday high
    Took profits on 12/11 for 6 trading days, +24% profits
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