BiliBili 9626 is showing strong bullish momentum as of February 13, 2025, breaking past the HK$152.8 resistance with high trading volume (white text and circle). The double bottom pattern suggests a possible long-term uptrend, making this an interesting setup for investors (Green text).
Supporting indicators: Double bottom & Reverse Head and Shoulders patterns
Potential Growth & Risks
At HK$149.7, BiliBili’s price is near historic lows, far below its all-time high of HK$1054. This signals a strong upside potential if the trend continues. However, a key stop-loss level to watch is HK$129 to limit risk.
If price drops below HK$149.7, caution is advised
Risk estimate: ~13.41% downside
Final Thoughts
BiliBili looks poised for a potential rally, but risk management is key. If the bullish trend holds, this could be a great long-term opportunity.
Disclaimer: This is for informational purposes only and not financial advice. Always do your own research before investment
Trade active
BiliBili (09626.HK) closed today at HK$172.10, surging 14.96% in a single day. This strong rally after the breakout confirms bullish market sentiment. The high trading volume suggests that institutional investors may have entered at this price range.
📊 Key Levels to Watch: 🔹 If the price drops below HK$145.3 (Feb 13 opening price), it may signal a trend reversal—consider exiting to protect gains. 🔹 If the price holds above HK$152.8, the bullish sentiment remains intact, supporting a long-term investment strategy.
Watching the price action on Feb 13 & 14 will be crucial in determining whether this uptrend can sustain. Stay sharp and trade wisely!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.