Texas-based Bumble is a women-first online dating app that allows women to make the first move. It has millions of users across the world.
The company recently announced the acquisition of Fruitz, one of the fastest-growing dating apps in Europe.
In a short term, we have a descending price channel on a 4h time frame and ascending RSI forming a classic bullish divergence and a possible test of the resistance.
In a long term, BMBL has a strong buy rating with an average stock price target of $52.27.
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The company recently announced the acquisition of Fruitz, one of the fastest-growing dating apps in Europe.
In a short term, we have a descending price channel on a 4h time frame and ascending RSI forming a classic bullish divergence and a possible test of the resistance.
In a long term, BMBL has a strong buy rating with an average stock price target of $52.27.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.