A Gap In The Bill

Managing Partner at Tim Knight Organization • Dec 26, 2023 at 7:41 PM EST

Riding the upward wave, but a bearish opportunity looms with approaching price gap

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I present to you Bill Holdings (BILL) which has climbed about 35% in the past couple of months. I would like to suggest that the approach of this price gap makes the risk/reward ratio of going bearish on this sucker fairly appealing, particularly considering that its entire lifespan seems to have been nothing more than the act of forming a huge top.

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.

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