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BBTrader29
Apr 20, 2021 11:11 PM

BMBL Breakdown Continuation Short

Bumble Inc.NASDAQ

Description

BMBL has broken beneath solid 58-59 support. It is now at All Time Lows with no support beneath it. I believe this will create an extra sell off down towards the 50 range. This is a continuation of a breakdown.
Comments
CJS04
Being this was released during the market bubble I think this could really tumble as the market goes into a correction. There is no sensible floor so who would touch it? Just my thoughts. Let a chart develop before touching this.
BBTrader29
@CJS04, that’s what I’m thinking. Considering it a 1-2 day short since there is no floor beneath it.
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