BMBL Trade on Jun 16, 2022 09:56 from spyrosz: Tradervue User Stock Trades.

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spyrosz

 

I have been stalking the name for a while, because it looks interesting...
Put a double bottom at $17.5, went 2x, broke the neckline=$30s and know tries to hold above. Above all major MAs@daily, weekly timeframes.
The most interesting part is that it did all that while Qs and similar tech names are getting annihilated.
Add to the relative strength vs market the ~10% short float, and a long is justified, at least for a trade.

-- Got long at the opening flush to support $30, risking $27.5s, a bit more than 1xATR=$2 below the support pivot=$30
-- Expecting buyers to defend $29.5-30 area, and $BMBL to push higher, esp. if market tries to rally from here.
-- I would like to add another half tier if it starts holding above $30 to the penny...
-- Main target $39

06-17-2022
Flat per plan...
image


Execution detail:

Date/time Symbol Side Price Position
2022-06-16 09:56:48 BMBL buy $30.110 long
2022-06-17 10:41:04 BMBL sell $27.380 0


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