The 1-hour chart for BILL seems to be consolidating into a wedge. SMA20 had crossover SMA60. And SMA60 going to crossover SMA120 making the MA lines uptrend. It is time to get in with a good upside and limited downside. Buy @ 238 Stop loss @ 224 Profit @ 342 Profit to loss ratio = 7.4
This could be a double bottom taking place. There is a big order that came in today, betting on $280 by 2/18/2022. They bought $1.57M in contracts. Keeping an eye on it
Want to see this one explode upwards towards 400$ .. Very bullish on this breakout if it can hold.
BILL has been a very exciting stock to watch since its recent power earnings gap. It is very apparent that the buyers are in control of the stock which you can see with the holding of the VWAP from the PEG (orange). This checks off all the boxes for my trading criteria which is: 1) no overhead resistance 2) TraderLion RS line above 75 3) PEG has not fallen below...
Pocket pivots noted on handle. No recommendation. Knowing when to sit on your hands or put them on the keyboard, can be half the battle (o:
$BILL puts idea….has a hanging man on the daily with a 2-1-2 bearish confirmation to the downside. Daily rsi is sitting @64 1 hr rsi is sitting @41 could see a bounce up (short lived) before a strong move down….Broke 180 support next support area is 173…
I might be a little late on this one. Walking the line between reacting and following the market movement vs being too late. Because I have a tendency to give my risk manager ultimate veto power, I can see clearly there is an argument to be made that I have missed this markets major upside, and now entering too early before it's downside has been convincingly...
Possible stop under C. or last pivot low. Waiting for a good long entry can help you hang through the pull backs. NV is high. Short interest at 9.9%. Short interest is the percentage of share float that has been sold short but has not yet been covered or closed out. Short interest is an indicator of market sentiment. Extremely high short interest shows...
$200 can be an eventual move but my first target in this name is $194. Look for a nice bull flag breakout continuation. Potential target: $194 and then $200 Stop-loss: 20EMA
Have a billable position if it fails lol
The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" ...
I absolutely love this chart. If you look at the chart from September to October, $Bill kept getting rejected by the downtrend line, and then the stock had a few inside days, while holding support, and then had a nice beautiful breakout after the compression. The same pattern is playing out again. From October to now, Bill has been stuck under the downtrend...