CFVI Rumble to rival YouTube?Rumble platform growth from 1.6 million average monthly active users in Q3 2020 to a record 36 million average monthly active users in Q3 2021.
44 million monthly active users in August 2021.
CFVI merger transaction values Rumble at an enterprise value of $2.1 billion.
Do you see more upside from here?
RMBL
NEW POSITION $RMBL Target 47.28 for 30.97% $RMBL Target 47.28 for 30.97%
Or next add level is at 24.92
Here's a low float stock that has always done well for me... Let's swing...
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
RMBL Indecisive and Volatile On the daily, RMBL is indecisive which is indicated by the Doji candles. The bears have not been able to push the price down since Aug.21 past support at or around 29.10. With big tech sell off last week, RMBL touched support on Sep. 8, 9, and 11 but the bears could not push it lower. Bollinger bands are wide open indicating volatility in price, so no squeeze there. To enter this trade long, a bullish confirmation candle is needed and currently there is not one. It is currently trading just slightly below the 20 day SMA. Once a confirmation is made and an entry, I would set my stop/loss right below the support level of the hammer candle from Aug. 21, at or around 27.08 in case shiz hits the fan. This stock is trending upwards and the sector is hot right now and Covid has changed consumer behavior so I believe this to be very bullish long term with a $50+ price target by December.
