Will you be my friend BMBL?

31 lug 2023

BMBL

I 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.