+1,436% vertical from $0.55 to $8.45You were warned on time, before it went on a massive push higher.
It was mentioned in chatroom way before that.
Probably goes to test new highs at market open
RUM
RUM Rumble Options Ahead of EarningsIf you haven`t bought RUM before the previous earnings:
Now analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 6usd strike price in the money Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
RUM Struggling & aims for $6.00If we start closing high time frame candles below $6.80, the target will be $6.00. It left behind a massive FVG & Single print with the buy side imbalance.
Stay focused.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
RUM Rumble Options Ahead of EarningsIf you haven`t sold RUM before the previous earnings:
Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 7usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Rumble Surged By 21%: From Video Streaming to Cloud Computing Rumble (NASDAQ: NASDAQ:RUM ) is making waves in the tech world, with its shares surging 21% following two major announcements. The streaming video platform, known for its stance on censorship-free content, has expanded its horizons by venturing into cloud computing services. Moreover, Rumble's bold ambition to acquire TikTok adds another layer of intrigue to its growth story. As the company charts a course to challenge big tech giants and carve its niche in the digital landscape, investors are taking notice of its innovative strategies and disruptive potential.
Challenging Big Tech Hegemony:
Rumble ( NASDAQ:RUM ) has positioned itself as a viable alternative to mainstream platforms like YouTube, offering users a censorship-free environment for content creation and consumption. Now, with its foray into cloud computing services, Rumble ( NASDAQ:RUM ) seeks to challenge public cloud companies, further solidifying its stance against centralized control and censorship. The launch of Rumble's cloud platform underscores its commitment to empowering users and providing robust alternatives in the digital sphere.
TikTok Acquisition Ambitions:
CEO Chris Pavlovski's announcement of Rumble's ( NASDAQ:RUM ) interest in acquiring TikTok from ByteDance sent shockwaves across the tech industry. With Congress mulling over the fate of TikTok and the potential for divestment, Rumble ( NASDAQ:RUM ) sees an opportunity to step in as a buyer. By acquiring TikTok, Rumble aims to not only expand its user base but also challenge the dominance of platforms like Meta Platforms (formerly Facebook). However, the feasibility of such a deal remains uncertain given the substantial valuation of TikTok's U.S. operations.
Cloud Services: A Game-Changer for Rumble:
While the prospect of acquiring TikTok garners attention, Rumble's cloud computing services hold immense potential for long-term growth. As the infrastructure-as-a-service market continues to burgeon, Rumble's ( NASDAQ:RUM ) entry into this space opens up new avenues for revenue generation and market expansion. With the potential to tap into a market projected to reach $500 billion by 2030, Rumble's ( NASDAQ:RUM ) cloud services could be a game-changer for the company's trajectory.
Future Outlook:
As Rumble ( NASDAQ:RUM ) embarks on its journey to reshape the digital landscape, investors await further insights into its cloud services during the upcoming financial results announcement. While the TikTok acquisition remains a tantalizing prospect, the real value lies in Rumble's strategic pivot towards cloud computing and its commitment to providing innovative solutions in an ever-evolving tech landscape. With ambitious aspirations and growing momentum, Rumble's ( NASDAQ:RUM ) ascent promises to be an intriguing saga worth watching unfold in the months ahead.
Rumble's Game-Changing Partnership with Barstool Sports
In a strategic move to solidify its position in the ever-evolving digital landscape, Rumble, the high-growth video platform and cloud services provider (NASDAQ: NASDAQ:RUM ), has announced a groundbreaking partnership with Barstool Sports, a renowned sports, lifestyle, and entertainment brand. The collaboration not only brings exciting opportunities for Rumble users but also reflects a pivotal moment for both companies in the competitive world of online content and cloud services.
The Power of Partnership:
Rumble users can now access a wealth of Barstool Sports content, including live streams, directly on the platform. This move not only enhances Rumble's content offerings but also positions Barstool Sports as a preferred video partner. The partnership goes beyond content, extending into advertising, where both companies will collaborate to attract brand advertisers to the Rumble platform. This marks a significant stride in expanding the reach and influence of both entities in the digital advertising space.
Cloud Services Integration:
In a noteworthy development, Barstool Sports will leverage Rumble's cloud services as its preferred provider for essential computing, storage, and network needs. This integration not only underscores Rumble's capabilities in cloud services but also signals a vote of confidence from a prominent player in the entertainment industry. The move aligns with Rumble's commitment to providing reliable and innovative cloud solutions in an era where digital infrastructure is paramount.
Barstool Sports' Impressive Growth:
With Barstool Sports experiencing a staggering 194% growth in its audience over the past three years and reaching an impressive 1.6 billion podcast downloads, the partnership comes at a time when both companies can capitalize on each other's strengths. Barstool Sports' founder, Dave Portnoy, expressed enthusiasm about Rumble's commitment to sports and broader audiences, foreseeing the collaboration as a catalyst to make Rumble a dominant force in the video, cloud, and livestreaming space.
Market Response:
The market responded positively to the news, with investors flocking to Rumble-backed by billionaire Peter Thiel. The shares surged as much as 29%, adding approximately $400 million to the company's value. This notable uptick represents the largest intraday share move since Rumble ( NASDAQ:RUM ) went public through a blank-check merger in September 2022. The partnership with Barstool Sports has injected fresh optimism into Rumble's growth trajectory, providing a glimmer of hope for investors who have witnessed the stock struggle in recent months.
Challenges and Opportunities:
While Rumble shares have faced challenges since their debut, the collaboration with Barstool Sports presents an opportunity for both companies to navigate the competitive landscape together. Rumble's ( NASDAQ:RUM ) claim to "create technologies that are immune to cancel culture" is a unique selling proposition that may resonate with users seeking alternative platforms to giants like Google's YouTube.
Conclusion:
The Rumble-Barstool Sports partnership signifies a strategic alliance that transcends content sharing, delving into advertising and cloud services. As both companies embark on this journey, the collaboration has the potential to reshape the digital entertainment landscape, offering users diverse content options and advertisers a compelling platform. With the market responding favorably to this ambitious venture, the partnership between Rumble and Barstool Sports is undoubtedly a turning point that could redefine the future of online video, cloud services, and livestreaming.
RUM Rumble Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $0.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
RUMBLE Update: Possible gap fill in the works!Hey folks!
I am fairly exclusive to Heikin Ashi candles for my TA, but I will also use standard to scan for gaps.
I found this one at $12.71-$12.91, and was only able to spot this subtle gap on the weekly chart.
Recovery of this gap will bring some symmetry to the chart, and the GOP debates are the catalyst to back up the move imo.
Happy Trading!
OnePath
RUM Bullish Divergence detectedSeems to be in a 50/50 holding pattern, but the bullish divergence is keeping me convicted in a move higher.
Price appears more coiled than 2nd week of Feb as well.
Not financial advice.
Happy Trading!
OnePath
RUM - Triple Bottom Angle Triple Bottom is evident along this inner downtrend line of the channel, almost forming another channel in of itself.
Previously this has been rejected twice at the larger channel top but this time may be different due to the presence of this triple bottom.
Plotted the price action thoughts of a large breakout in green.
If no breakout continuation of the large down channel.
Here we go COVID LOWS HERE WE COME FOR 2023
Everyone sees what's coming.
Weekly 200ema rejection.
daily 50 sma rejection.
Bearish Macro Economics.
Earnings Missed with most tech giants.
Weak guidances.
GPD reports tmr.
FOMC next week.
Short term: Unless it clears and buyers hold over 286 qqq im still bearish.
Bearish targets:
257.33
235
216
