RMBL breakout day 1RMBL breaking out on the daily. If earnings jive it could gap to the volume node starting at $25.
RMBL trade ideas
NEW POSITION $RMBL Target 47.28 for 30.97% $RMBL Target 47.28 for 30.97%
Or next add level is at 24.92
Here's a low float stock that has always done well for me... Let's swing...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
RMBL High Tight FlagRMBL is setting up in a HTF after a 300%+ move over the span of a few days. This name is very thinly traded but worth watching in the coming days. No position.
RMBL Indecisive and Volatile On the daily, RMBL is indecisive which is indicated by the Doji candles. The bears have not been able to push the price down since Aug.21 past support at or around 29.10. With big tech sell off last week, RMBL touched support on Sep. 8, 9, and 11 but the bears could not push it lower. Bollinger bands are wide open indicating volatility in price, so no squeeze there. To enter this trade long, a bullish confirmation candle is needed and currently there is not one. It is currently trading just slightly below the 20 day SMA. Once a confirmation is made and an entry, I would set my stop/loss right below the support level of the hammer candle from Aug. 21, at or around 27.08 in case shiz hits the fan. This stock is trending upwards and the sector is hot right now and Covid has changed consumer behavior so I believe this to be very bullish long term with a $50+ price target by December.
RUMBLEON ANNOUNCES A DEALER-CENTRIC PILOT PROGRAM WITH CARGURUSRUMBLEON ANNOUNCES A DEALER-CENTRIC PILOT PROGRAM WITH CARGURUS
CarGurus will leverage RumbleOn’s technology as well as their transportation and distribution services in the testing of a new inventory acquisition product for dealers that enables dealers to source consumer cars on the CarGurus platform.
The latest phase of CarGurus’ inventory acquisition product pilot launched in July in Massachusetts.
investors.rumbleon.com
EASY 20% Projected rebound and beyondBased on the volitility of this stock my short term projected gain is 20% and 100% exit after this gain. Load up on this one!
Ichimoku Analysis - Bullish RMBLHello everyone,
Quick analysis about NASDAQ:RMBL .
Why is this chart bullish?
Future Cloud is green
Conversion Line crosses the Base Line
Base Line is upward
Lagging Span is above the Cloud
Lagging Span is above the former price (-26 bars)
All of these elements lead to a strong trend. Even if the stock is a bit overbought.
Happy trading,
RumbleOn, Inc. more upside potential RumbleOn, Inc. operates a capital light disruptive e-commerce platform facilitating the ability of both consumers and dealers to buy-sell-trade-finance pre-owned vehicles in one online location. It operates through the Vehicle Distribution, and Vehicle Logistics Transportation business segments. The Vehicle Distribution segment distributes power sports and automotive and is anchored on a proprietary supply chain and distribution software platform that is supported with its mobile-first web and application strategy. The Vehicle Logistics Transportation segment provides nationwide automotive transportation services between dealerships and auctions. RumbleOn was founded by Matthew A. Lane on October 24, 2013 and is headquartered in Irving, TX.
Andrew Aponas | Large SpikeDisclaimer: thank you for taking your time to look at my idea please understand that I didn't publish it to influence your decision to invest your money and void myself of any responsibility towards your investments.
Note: I am simply trying to increase the coverage that the company may or may not have by publishing an optimistic guess I don't know anything about the company I am publishing the idea about, I haven't done any research on the company, I don't know what it's operations are, or if it's profitable.
Tip: Check WSJ.com or another professional service if your looking for something you can't find here.
Thank You, +AndrewAponas+
P.S. I apologize for any inconvenience my publication could have caused you.
probable dip buySo i think whats going to happen is this well go down within the first hour tomorrow when it crosses over the macd and then go back up but we'll see. Still learning.
