BILI - Cup with Handle - 2020-11-19

BILI Trade Summary

Performance metrics and trade details for BILI breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
About

BILI Earnings Gap Trade – November 2020:

  • Gap Up: 5% after earnings, followed by a strong uptrend.
  • Exit Opportunities:
    • First Bearish Engulfing Candle: 42% gain
    • Second Bearish Engulfing Candle: 70% gain
    • Trailing Exit with 10 EMA: 135% gain

Key Takeaway: This trade reinforces the importance of holding winners as long as possible, as many market wizards have advised. Letting strong trends play out can significantly maximize gains.

After Breakout

BILI - Cup with Handle - 2020-11-19 after breakout