Objective Long/Short Report (BILL).

Dec 2, 2024 7:18am ET BY John – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for BILL

• Buy BILL near 69.83. Target: stop loss at 69.63. Details

The technical summary data tells us to buy BILL near 69.83, but there is no current upside target in the summary table. In this case, we should wait until either an update to the summary table has been made (which usually happens at the beginning of each trading day) or until the position has been stopped. The data tells us that we should set a stop loss at 69.63 to protect ourselves from excessive losses in case the stock starts moving against the trade. 69.83 is the first level of support below 90.25, and fundamentally any test of support is a buy signal. In this case, if the support 69.83 is tested, a buy signal would be present.

• NO. Details

NO.
There are no current resistance levels from the summary table and therefore there are no short resistance plans telling us to short on resistance tests. The resistance levels have broken to the upside and if the stock does not move back down and below the support levels, short positions look risky.

Swing trading plans for BILL

• Buy BILL slightly above 94.71, target n/a, stop loss at 94.44 Details

If 94.71 starts to break higher, the technical summary data tells us to buy BILL just above 94.71 with an upside target of n/a. The data also tells us to set a stop loss at 94.44 in case the stock turns against the trade. 94.71 is the first resistance level above 90.25, and basically any break above resistance is a buy signal. In this case, 94.71, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short BILL is close to 94.71, target 89.34, stop loss at 94.98. Details

Technical summary data suggests shorting BILL if it tests 94.71 with a downside target of 89.34. However, we should have a stop loss at 94.98 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 94.71 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for BILL

• Buy BILL slightly above 92.74, target 94.71, stop loss at 92.52 Details

If 92.74 starts to break higher, the technical summary data tells us to buy BILL just above 92.74 with an upside target of 94.71. The data also tells us to set a stop loss at 92.52 in case the stock turns against the trade. 92.74 is the first resistance level above 90.25, and basically any break above resistance is a buy signal. In this case, 92.74, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short BILL is close to 92.74, target 89.76, stop loss at 92.96. Details

Technical summary data suggests shorting BILL if it tests 92.74, with a downside target of 89.76. However, we should have a stop loss at 92.96 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 92.74 is tested, a short signal is present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Bill Holdings Inc. (INVOICE) available here: INVOICE.

BILL Ratings for December 2nd:

AI generated signals for BILL

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This report was generated using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most advantageous trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The aim of this particular report is to optimize trading Bill Holdings Inc. (NASDAQ: BILL) incorporating prudent risk controls.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for BILL change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when BILL tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for BILL. All of this is offered below the overview table.