Bilibili, Inc. Sponsored ADR Class Z
Long
Aggiornato

BILI Making Bull Run and Oversold

198
BILI has been trading over its 100 day moving average since the end of December.

Looking at RSI (2 period, 90% and 10% as upper/lower bands) BILI closed today below the lower band around 7.83%

On 2/7, RSI tapped the lower band followed by a nice run up before pulling back again on 2/15.

Long 80 BILI @ $18.60

Granted this was pretty far from the lows for the day, BILI should continue its run.

Plan to exit somewhere around $19.50 or so in the next trading week, give or take. If I see a jump sooner than later, ill take it.

Cheers!

Trade chiuso: obiettivo raggiunto
Sold 80 BILI @ 19.30

Stock bounced. Worked out pretty well here.

Cheers !

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