$BMBL - WATCHLIST -
Added 2024-05-04 13:07:24 +0000 UTC$BMBL report their earnings on Weds after the close and it has been in a strict descending wedge since the start of 2023.
I have assessed their fundamentals and they are on the cusp of becoming profitable and this could be a trigger to reverse this stock.
Their Free Cash Flow has consistently stayed positive and is due to improve too for this year.
If they report a profitable quarter, this could move very quickly to the upside.
A break above the 50 Day MA and the wedge trend line at $11 would trigger a move up to the 200 Day MA next at $14 and then the blue line at $15.50
