Nice breakout ahead with good earningsBeautiful consolidation and rounding bottom in this gaming name, either a pre-earnings run or good earnings could produce a big move.
BILI/N trade ideas
$BILI - inverse head and shoulders? Stoch, ATR, MACD - all showing positive signs.
I am second guessing if the inverse head and shoulders is form(ed)(ing)?
Buy Bilibili on 1 h buy signalThis stock is in vibration. This is a relatively low price in buy signal. Feel relatively safe to buy it considering growing revenue.
BILI 1D LONG DREAM TRADE SETUPBILI was selected as a Running With The Bulls Long Dream Trade Set-up.
All 3 MA's must be aligned on top of each other.
Breakout Candle Must Be 100% of the Average Volume For full-size position
Breakout Candle Must Be Above 50 sma
BILI ShortBiliBili just broke down from it's support, it has been weak compared to the chinese market and showed weakness ever since it's last report. I predict the price to go at least 7 points lower in the coming weeks. It can go as much as 15, but on the cautious side, don't be greedy :-)
BILIMid term is donwntrend, MACD touch, watching for this support play to see if it can hold or show signs of weakness. No signal on this one yet, very strong momentum stock and would now hold any short positions for more than 3 days.
BILI buy opportunityI wish I found this stick before March, which seems to be perfect for hedging or investing in general.
And now we are touching support level, going to enter now and later if the price goes down, as in long-term (1 year+) I believe in profit.
BILI - the hunt for low risk entryWith 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.
Are you investing in Live Commerce stocks yet ?In Singapore where I lived, the influencers online are mainly congregated in Youtube or FB Live.
But in China where billions of people lived, there are many more live streaming channels that these young, trendy influencers used. Here's just 3 of them among the many. And Covid-19 making more people stay at home has been a catalyst for this live streaming business.
Some say it is for the lazy, mindless shoppers who cannot make their own decisions and need influencers to help them decide while others view it as a way to get products at cheaper discount. After all, vendors can save tons of money from rentals and hiring Sales staff to man the stores and pay commissions.
And if you have bought either of these 3 stocks after the sharp downfall in mid March and hold till now, you would have made at least 100% off them.
From a sales perspective, ecommerce sites like Alibaba provide the platform for vendors to place their products online but a video session hosted by an actual person hawking and promoting your wares come alive and the interaction with users provide the interaction that is the missing ingredient when one is in the store face to face. Throw in the limited stocks and coupons and discounts, the "fear of missing out" frenzy will drive some users to become buyers.
Perhaps culturally, in US and other parts of the world, live streaming has not catch on and consumers are still used to the traditional channels like visiting the stores or simply buying online from Amazon.
References :
Livestreaming is here to stay
WeChat live streaming
BiliBili - Top Stock to OwnTechnical indicators:
100% technical buy signals
209.71+ Weighted Alpha
182.73% gain in the last year
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 41.84% gain in the last month
Relative Strength Index 73.88%
Technical support level at 43.63
Recently traded at 45.43 with a 50 day moving average of 33.65
Fundamental factors:
Market Cap $14.52 billion
Revenue expected to grow 1,041.50% this year and another 39.00% next year
Earnings estimated to increase 49.10% next year
Wall Street analysts issued 6 strong buy recommendations on the stock
The individual investors monitoring the stock on Motley Fool voted 101 to 2 that the stock will beat the market
13,510 investors monitor the stock on Seeking Alpha
source: Barchart.com
BILI - continuing it' s uptrendBILI has been trending strongly until last week when it went into consolidation, forming a bullish pennant. Today it broke out of this pennant! Let's see how far it can go this time.
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.
BILI SnapbackBILI was due for a snapback, it was overextended beyond the bollinger bands. Today's weakness in price action, leads me to believe it will see some more downside potentially to the $40 level.
Extremely over bought in the short termExtremely over bought in the short term, wait for retracement to around $20-$25.
BILIBILI INCNASDAQ:BILI
Hey, traders.
We're looking for the instruments on Monday.
First paper.
Two scripts:
1. Long after the breakout and fix after level. It's a lot of accumulation. On May 19th and 20th there were level tests, but it couldn't resist.
Roll back and go up again.
Those who like a breakout strategy - it is possible to break through the level with short risk.
2. If you are trading a model of a false breakout. Then wait for the breakout and return to the level. Further retest gives chances to earn on a false breakout.
Hide SL behind the level 36.27-36.28.
Calculated ATR 1.65 for convenience.
trade wisely.
BILI doughAnalysis done on 25/05/2020
Fundamental
→ 20 & 40 SMA sloping up
→ 20MA > 40MA
Awaiting buy trigger
→ CCI <-100
→ Low of daily bar touches 20MA or goes below 20MA
→ Close above 40MA
Pull trigger
→ Buy 1 bid above previous day high
→ Sell 5 bars later exclusive of initial bar
Stop Loss
→ 50% below price bought
