China Gaming Name Showing Relative Strength Near Breakout
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.