Bumble stock closes up 49.61% on report of $1 billion take-private talks

Image: The Cryptonomist
Bumble stock has a bullish daily bias, but the chart does not yet show a fully aligned longer-term uptrend. The session close stands above all three daily exponential averages and the upper Bollinger band. However, overbought readings across all three timeframes complicate the case for further gains. Key takeaways Bumble stock closed Monday at $3.80 , up 49.61% from the previous close of $2.54, with session volume of 40,789,200 shares. The daily close is above the 20-session EMA at $2.76, the 50-session EMA at $2.81, and the 200-session EMA at $3.39; the averages are not in bullish alignment.
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