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China Gaming Name Showing Relative Strength Near Breakout

by | Aug 5, 2024

Bilibili (BILI) shares of the China mobile gaming name are showing relative strength and closed green near highs on Monday in a ugly market as it now is back over the 8 and 21 day EMA’s as it nears a break above monthly value area at 16.25. A close above there can see a push to the former high at 18 with earnings not due until 8/22.

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