BILL - Episodic Pivot - 2022-02-04
BILL Trade Summary
Performance metrics and trade details for BILL breakout.
- Market Condition
- choppy
- Entry
- OPH
- Exit
- Bearish Pattern
- About
The market remains choppy, and this stock is still trading below the 200 SMA. However, strong earnings led to a 19% gap-up on the second day after the report.
An entry using the 1-minute ORH and an exit after breaking the upward trendline would have yielded a solid 19% gain in just two weeks—an impressive result given the tough market conditions.
This reinforces that the Earnings Gap setup can work even when the overall market is weak and the stock is beaten down.
Intraday Entry
After Breakout
