BILL - Time to break the trend
2020 IPO, increadible run up thanks to covid helicopter money flooding the market and BILL was fitting on the fintech / solutions space perfectly.
After the peak, constant selling pressure for 3 years. We saw the IPO price recently and ran up %15 since. It is at the cusp of breaking out the downward trendline. This name is expecting to post its 1st positive income quarterly this year.
institution positioning is high, will do a sneaky %40 under the radar. Buy on the breakout, and add on the retest if it comes, run up to >70
After the peak, constant selling pressure for 3 years. We saw the IPO price recently and ran up %15 since. It is at the cusp of breaking out the downward trendline. This name is expecting to post its 1st positive income quarterly this year.
institution positioning is high, will do a sneaky %40 under the radar. Buy on the breakout, and add on the retest if it comes, run up to >70
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