Rumble Inc (RUM)

[Imperial Whazoo]

I see this as the chart's picture.

On 2/3, the news announcement was for 19% growth in users in January & the price gapped up on open & moved up 5.27%.

Then, over the subsequent weekend, the Rogan rumor headlined. Result? Up two days before Rogan balked.

So yesterday, price cratered.

But the top line of the 2/3/22 up move on good news held yesterday.

The 5.27% climb on the excellent 2/3/22 user growth news (User growth UP 19%) held as support during yesterday's pullback. The up move on growth held. There was a pullback on speculators bailing after Rogan declined to join Rumble, but the basic strength represented by the move after the 2/3/22 news.... HELD.

So, far from being fickle, this action in the charts speaks of FUNDAMENTAL strength.

And, if there is growth in February (similar to January's 19%), what will happen going forward?

Will there be a continuation of the momo to the upside, and more up spikes on each new instance of good news?

Hmmmmm!?!!

IW