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BILI chart shows stock exploding higher after earnings report

Bilibili Stock With Heavy Institutional Buying

BILI stock just IPO’d back on March 28, 2018. Bilibili released its first earnings reports since IPO’ing on May 23, 2018. Revenue was up 105% YoY. Revenue came in at $138.4 million. Mobile game revenue rose 97% to $109.8 million, live broadcasting and valued-added revenue increased 151% to $15.3 million, advertising revenue rose 144% to $11.2 million, and other revenue increased 65% to $2.1 million.

Guerilla Stock Trading technology stocks set to soar

The company is on pace to do $456 million in revenue in 2018.

Institutional ownership is up an incredible 380.26% over the last 3 months.

Finviz has the one-year target price set at $95.86.

BILI chart shows stock exploding higher after earnings report

The stock screener I used to find AAXN right before it jumped 179 percent

The Twiggs Money Flow shows accumulation at current price levels. Large players volume is a little choppy but that’s to be expected with a recent China IPO.

I’m adding BILI to the long-term buy list. My best guess is that this is a $25 to $30 stock within the next couple of weeks.

BILI stock in bull flag channel

The stock screener I used to find AAXN right before it jumped 179 percent

Right now, BILI stock is in a Bullish Flag pattern. You may want to wait for a breakout of the downtrend channel to take an entry.

Disclosure: As Premium members know, I bought BILI stock today.

Sofi AI Market Sentiment Gauge


SOFI artificial intelligence market gauge

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Market is fairly valued.