BILI trade ideas
$BILI can rise in the next daysContextual immersion trading strategy idea.
Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $60,00;
stop-loss — $56,75.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
"BILI Long" Bullish will this be able to push back to $55+NASDAQ:BILI This has been trading in a nice range for the past few days, I would like to if the can break the range and start making a run towards that 55 area. Also spotted some nice option contracts beign bout up on this as will will like to see if we get a range break for more upside.
Bilibili (BILI): BUY at $38: Elliot WaveBilibili seems like is at its 4th correction wave for a simple A-B-C move, it could be dropping a bit before it's earnings to $37 - $40 level for another bullish trend to its 5th wave target at around $60. Look to add BILI if it dips to $37 - $40 ish before earnings for a target at $60 ish.
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