$BMBL - RC -
Added 2023-05-03 04:28:46 +0000 UTCDifficult IPO for $BMBL, it has been trending down since March '21. The good news is that it is moving through a descending wedge as it approaches the blue support line from the previous low.
Breaking out of this wedge would be a positive move but this must hold above the blue support line, support below this line is scarce.
A breakout of the wedge, this can enter an impulse wave or move sideways through one more corrective wave.
Earnings on Thursday so things may turn around here if they report a positive report.
