Ever since price of BiliBili hit a record high of 150, it peaked out in Feb21 and collapsed like dominoes and reduced 90% of its price, finally bottomed at 9.4 with a massive inverted HEAD
However, there is a high possibility that price is on the right side of a potential Inverted Head & Shoulders, if this plays out, next target price will be 23 before crawling its way back to 105
I am bias towards long term bullishness although i will not Rule Out another quick plunge to flush out weak bulls
This research represents solely my own opinion and should not be deemed as a buy/sell call
However, there is a high possibility that price is on the right side of a potential Inverted Head & Shoulders, if this plays out, next target price will be 23 before crawling its way back to 105
I am bias towards long term bullishness although i will not Rule Out another quick plunge to flush out weak bulls
This research represents solely my own opinion and should not be deemed as a buy/sell call