$BMBL - WATCHLIST -
Added 2024-05-14 15:54:59 +0000 UTC$BMBL and $HIMS really have my attention right now because of how well their margins are improving.
$BMBL I believe should not be this low, their revenue and FCF did not dip that much but they went into net loss and that put enormous (unnecessary pressure) on the share price
As soon as they reported a profit last week from their earnings, the price broke out and I believe the share price will start drifting higher now, especially if they improve on their next earnings.
200 Day MA is the next test here for me at $13.67, flipping this to support and I would expect the price to move to the double blue line range and the impulse wave will be fully confirmed.
$HIMS is slightly behind $BMBL on their fundamentals and has already started its impulse wave....so $BMBL may play catch up here.
I like both positions right now.
