Checking In With Bilibili Stock Before Earnings

Though there could be some volatility ahead given Bilibili’s (BILI) second-quarter earnings report, due out before tomorrow’s open, the stock appears to be in the midst of a bounce on the charts — especially when looking at support at the $13 region.According to Schaeffer’s Senior Quantitative Analyst Rocky White, BILI is within one standard deviation of its 126-day moving average after remaining above it 80% of the time over the past two months and within the last 10 trading days. Over the past three years ...