BMBL Bumble. Down 85% From IPO
Updated
Bumble.com The Social media Connecting / Interacting Company which I'm sure we all know is a Break Away from Match.com
No need to say the Trend, the Chart depicts all.
However, there could be a longer Trend reversal due to the new GLP1 weight loss drugs.
The idea is - should these drugs become more popular and people lose weight, go to gym and get healthier, they will also then start Dating more - therefore start using their APP.
I would wait to see a defined IMACD reversal before entering, and then only a small position.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham Hitchcox
No need to say the Trend, the Chart depicts all.
However, there could be a longer Trend reversal due to the new GLP1 weight loss drugs.
The idea is - should these drugs become more popular and people lose weight, go to gym and get healthier, they will also then start Dating more - therefore start using their APP.
I would wait to see a defined IMACD reversal before entering, and then only a small position.
As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.
If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham Hitchcox
Note
Bumble Struggles To Survive — CEO Says It's Time To Reconsider Its Women-First MessageNote
Reading the above comment. Should a Man Manage this Company?
Sorry. JOKE Only.
Could be Interesting though?
Any thoughts or ideas are appreciated.
Note
JP Morgan Possibly tried to manipulate the Price. Otherwise why publish Bullshit Targets at that time? Thoughts?
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