BILI right here.... this will be my 5th trade in this series.If you don't know I love BILI both as an anime company and because of its lovely predictable stock price movements.... I am not saying this can't revisit $8 like it did when I got in at $15 however, it glimpsed $8 and came back to profitable in about a week.... and I don't really do option calls for less time than that unless its a short. Bili had decent earnings which I believe they used to stop the bleeding.... Magically right in my target zone. If you haven't been following go look at my previous calls and puts on Bili. I am like a Bili whisperer... lol I put the 20 min chart on here so you can see a fair good amount of price action... The long term is doo doo on this because its been bleeding for over 5 months. This would be catching a falling blade. I have a 7 day right now for teasers to see if it will move or not. if it does start to move I will wait for a pull back and jump in again. Price Target Upper $28-29 range. Might take profits 20s and 25 range and leave runners.
p.s. I am not saying just jump in blindly... I am saying this is where It peaks my interest. Trade at your own risk. Don't use money you can't afford to lose.
I will leave you with a quote from Cable Guy, " OH! Bili........."
by iCantw84it
06.02.2023
Npvr
ONON Setting up for a profit run Post I made on 5.13.23 "4 hour i think you have plenty of absorption on the larger time frames too
— 05/13/2023 5:55 PM
most likely willl stall this at or around 32-34 for earnings or pre launch it which i dont like..."
The end result was better it didnt launch and they pushed it down now its prime for a launch as you are force feeding the absorption and priming the launch.
Should have $3-6 dollars in leg...I have it set to hit $42 which might be reaching, but do able.
My indicators, ESVO is all the lines from different timeframes where price and volume meet in the middle....cradling price is where you want this to be and all together. which creates a synergy between buyers and sellers and the volume between the two is also cohesive at this area. might see some resistance at 28.24 but nothing serious.... $31 as well.
NPVR : Square box at price action is a Hi lo channel when the price is inside the box and hugging the top or bottom its basically going in the opposite direction.
HILO support line right under @27.27 and bullish candles on the last 4 candles since the spike up with the wick. @ 06/02/23 9:30am
Volume profile sellectable session anchor: Whats really nice about this is that no matter what anchor you use... HI / low volume, highest volume, week, session, day, earnings, etc..... every single one is either right under the current price or as low as $27 so a significant amount of support under it.