Will you be my friend BMBL?
BMBLI do have a position, I am treating it as my standard "3% and Run" aproach.
Before earnings play or a more potential run up to earnings.
Entry - 18.57
3% - 19.14
PT - 19.40-19.80 - it will be in Fair Value Gap, so I will be happy with taking profits there.
Stop - 17.90
SMI is curling and RSI is a nice 51. Williams %R which I did start to use as a "fast" RSI is in divergence with previous low. MACD is starting to curl. Charting done on 1D, but 4H has also some momentum. Short time trade.
It is my B+ trade, so I will be watching it quite close. I do not plan to hold it through earnings.
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