Bilibili INC (US: BILI) strong upside is set to continue after the technical indicate strong resounding bullish signal:

1. The overall upside structure is strong as prices have been well supported by the primary and secondary uptrend line.
2. Zooming in, the bullish engulfing candle last Wednesday has thrust above the resistance-turned-support level at US$139.64. Despite a bearish tweezer top, the piercing candle rebounded above the support at US$139.64. This indicates bullish upside ahead.
3. All of the Ichimoku signals are showing strong bullish upside, where the bullish engulfing candle closes above the Tenkan-Sen.

*Timeline of the trade is 3 weeks from the date issued.

CHART LEGENDS

Ichimoku Kinko Hyo

Red dotted line = 9 Periods Tenkan-Sen

Blue dotted line = 26 periods Kijun-Sen

Green Line B= 52 periods Senkou Span B

Pink Line A = 26 periods Senkou Span A

Black line = 26 periods Chikou Span. Lagging line