To The Moon

Bilibili $BILIBILI-W(09626)$ surged ~7.6% today in Hong Kong trading session.

Technical Setup: Cup & Handle & Profit Target

• The stock has formed a classic cup and handle pattern: a rounded base (cup) followed by a smaller consolidation (handle).

• A breakout from the handle is underway, currently pushing toward resistance near HK$201 (previous highs).

• Measured target: Calculate by adding the cup depth to the breakout point:

  Cup bottom ≈ HK$132

• Breakout level ≈ HK$203

• Target ≈ 203 + (203 – 132) = HK$274 (a potential upside zone if breakout sustains).

Using DLCs for Short-Term Trading (Neutral, Compliance-Friendly)

• Long DLCs: Long DLCs (e.g. $Bilibili 5xLongSG270216(ODJW.SI)$ ) are structured to rise in value if the underlying stock continues upward. Traders watching Bilibili may monitor whether the breakout around HK$201 holds, but should note that any reversal below this level could reduce the effectiveness of such instruments.

• Short DLCs: Short DLCs ( $Bilibili 5xShortSG270127(9JPW.SI)$ ) are designed to benefit if the underlying stock moves lower. They may be considered as a hedge if the price fails to sustain above the breakout level.

• Important note: DLCs are leveraged instruments meant for short-term trading. They carry daily compounding effects, and the entire capital invested can be lost. Investors should be aware of bid-ask spreads, volatility, and ensure any position sizing is aligned with their own risk tolerance.

Hit the follow button to stay updated! I post valuable trading and investing insights every week—don’t miss out on being the first to know!

For more information about DLCs, visit https://dlc.socgen.com/en/education/handbook 

Disclaimer: 

This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.