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RumbleOn, Inc.
Long

Ichimoku Analysis - Bullish RMBL

By Tomotto
Hello everyone,

Quick analysis about RMBL.

Why is this chart bullish?
  • Future Cloud is green
  • Conversion Line crosses the Base Line
  • Base Line is upward
  • Lagging Span is above the Cloud
  • Lagging Span is above the former price (-26 bars)


All of these elements lead to a strong trend. Even if the stock is a bit overbought.

Happy trading,
baselineBullish PatternsChart PatternscloudconversionlineichimokukinkohyoTechnical IndicatorslaggingspanTrend Analysis
Tomotto
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