Bilibili is building a strong and solid uptrend, there's a positive trend strength on daily and weekly time frames and it keeps accelerating. The channel within $30-35 was a good supply area and currently it is trying to fix above the channel upper resistance and continue the uptrend acceleration.
Note
P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example. The usual setups and strategies are based on trend-trading and include indicators like trend strength, squeeze oscillator, etc. from trading firms like Simpler Trading, GoNoGo Charts and others.
And as you should know - always follow your strategy and make your own choices.
Disclaimer
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.
Disclaimer
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.