Let's see if market sticks in there. Nice base around $40.
All, Entering 50$ calls for July 16th. Both large and small patterns bullish long as hold trend. Selling/STOP below retest. Looking for both patterns to break here. Clearly a broadening descending wedge / right angled broad desc wedge.
Possibly a good choice long term ..I do not think online dating is ever going away.. Do you? Romeo and Juliet lived forever in eternity No recommendation
$BMBL #BMBL could be a good #reopening play candidate. It is ranked as top#3 in my venture capital watchlist. Two corrective ways down might have finished the local correction. Breaking 64 level would make it a good risk/reward entry point in imho.
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.
Early 1st quarter 2021 was a delusional bull market for Tech, reminiscent of 1999. Many corporate owners took advantage of the Hype. There were a lot of IPO's and direct listings at the end of 2020. Since yields are going up, and the Fed is gradually abandoning its easy money policies, the tech sector is being shorted back to reality. Bumble had an IPO of...
Now that we know that there is interest in BMBL... Consider the following facts: - Bumble launched at $43 - It topped at $84.79 two days later due to mania (+75%) - We are only 11% down from the top ($75.36) - It double bottomed at $70 - Buying volume has dropped significantly - Selling volume is on an uptrend Taking into account all of these factors, BMBL may...
BMBL has posted a lower low and a lower high recently, showing that its in a correction wave pattern. I suspect this will post another lower low before a different trend may emerge for the newly IPO'd company. A correction to the 54-55 area is my target.
BMBL going to continue down trend. Price target 50 dollars a share.
W pattern has been formed in BUMBLE (BMBL) 1 HR chart. Possible growth till 80$. MACD - Bullish, RSI - 50 zone - room for price raise to reach overbought zone. NOTE: Not a recommendation. Just an analysis.
It is obvious that many people who participated in BMBL IPO are in red zone, but the worst has yet to come! Look at TWITTER, SNAP,FACEBOOK, SPOTIFY, and PINTEREST historical charts..! Clearly anyone who participated in those IPO in the very first day lost 50-85% of his his capital in several weeks or months! I’m currently conducting a study on IPO Ed stock in...
BMBL - Bollinger band squeeze, MACD reversal, tons of volume on Friday. Following Monday for purchase
Time to watch another IPO NASDAQ:BMBL Usually the initial daily price range of anything that has zero history, will give strong support and resistance levels the 1st time they are met, with profits zones back to the opening daily range. That said, as the chart suggests, I'm looking at $88 as a topping out point AND OR $61 as a bottoming point, both giving...