Bilibili Inc.Long
$NASDAQ:BILI Breakout soon?
As you can see on the chart, BILI has been trending towards a breakout from the downwards trendline created during the 2021 crash (1W Chart).
Following the bullish channel created shortly after the double bottom confirmation back in Jan 2024, we can speculate billy to soon challenge the $40 dollar range.
Things to look out for:
Overall bullish. Let me know what your thoughts are on NASDAQ:BILI.
NFA.
BILI has been trending towards a breakout from the downwards trendline created during the 2021 crash (1W Chart). Following the bullish channel created shortly after the double bottom confirmation back in Jan 2024, we can speculate billy to soon challenge the $40 dollar range.
Things to look out for:
- bounce from the 100 EMA.
- RSI crossover (w/ conviction).
Overall bullish. Let me know what your thoughts are on NASDAQ:BILI.
NFA.
Note
We are seeing the $20 hold but I'm not too convinced as of yet. If you are looking into getting in a position, I would consider the current 50 ema price of $17.
Overall, the signals on the chart point toward a bullish rally sooner than later. We will see what happens in the coming 2-3 weeks.
again NFA, DYOR.
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