johnpfeifer4

HMBL descending triangle spells trouble

Short
OTC:HMBL   HUMBL Inc.
HMBL in a descending triangle, if it doesn't hold the .382 fib look the the next support level at 200EMA... Then you'll see it drop to the POC on the Volume Profile. I have no active trades, I've taken profits from this ticker... but I'm convinced they are selling snake oil with a team that can't deliver on their promises. I still don't understand what they want to be when they grow up? Do they want to sell tickets online (the Tickeri acquisition is a head scratcher)? Do they want to compete with eBay and Etsy in the artisan space? Do they want to be a fintech and compete with BABA, PYPL, SQ and others? Do they want to be a crypto company? This company lacks focus and for that reason, I'm out!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.