Rumble Inc. Class A Common Stock

  • RUM

  • N/A

Ticker Appearances

Wed, March 13, 2024 | 1:14PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
Wed, March 13, 2024 | 1:14PM ET
For those familiar with the conservative video network Rumble (RUM), which was brought public by Peter Thiel, this has pushed up to new 8 month highs today with Volume spiking to more than five times the 20-day average as it announced a strategic partnership with Qinshift to drive their cloud services growth. While volume today is just 10.87 mm, this is a big spike for this small company, and technically this became attractive technically in January with its trend breakout and has gained appeal with today's push to new multi-month highs. I suspect this runs up to $11 and then $13 initially
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