Bull Wedge forming in Bill.com (BILL)
Bill.com (BILL) shares pulling back to the top of monthly value and forming a narrow bull wedge with a run above $270 in focus. The 8- and 21-EMA are just above yesterday’s range and a breakout move has room to run to $302 and then new highs. The post-earnings consolidation can make a bigger move to $350. MACD and RSI have reset back and starting to turn a bit, so potential to see momentum shift higher and expand.