BILI - Cup with Handle - 2020-11-19
BILI Trade Summary
Performance metrics and trade details for BILI breakout.
- 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
