Humbl HMBL poised for another early year run?

Humbl HMBL last year at this time went on a 1,000% explosive run, is it poised for another early year run? Let’s take a closer look at this

Company Name: HUMBL, Inc

Ticker: (HMBL)

Exchange: OTC

Website: https://www.humblpay.com/investors

Humbl HMBL Company Summary:

Monster Creative a subsidiary

Founded by award-winning industry veterans Doug Brandt and Kevin Childress, Monster Creative is a creative advertising agency with a focus on entertainment. They have created campaigns for top-grossing Hollywood movies, as well as those for streaming platforms.

About HUMBL, Inc.

HUMBL is a consumer blockchain company working to simplify blockchain use cases in areas such as mobile payments, ticketing, NFTs and real estate.

Why did Humbl HMBL Company Summary: reverse the bearish trend?

There is not any news of late in regards to HUMBL, below you will find the latest release. This stock has a large investor base and I believe this base cumulative believes the stock is undervalued here and that brought about the reversal.

Dec. 21, 2021 Monster Creative, a HUMBL, Inc. (OTCMKT: HMBL) company, announced today that it has won two awards at the 2021 Clio Awards, as well as one nomination.

Since 1959, The Clio Awards program has recognized innovation and excellence in advertising, design, and communications.

HMBL 1 Year Chart

HUMBL, HMBL, Technical Analysis

HUMBL had it’s first resistance point at $.25 and exploded past it on the last day of the 2021. Possibly, setting up an explosive run in 2022! The next resistance point was at $.28 and it also limped past that PPS on Friday.

I like this stock! I love the stock if it can beat $.30. It is the ultimate bounce play with two reversals, double confirmation, in an explosive sector. The NFT, crypto currency, sector is going to be hotter than a summer day in July. Put it on your watchlist today!

Humbl (HMBL) Stock Moves Towards $1: Should You Hold Or Sell?

At the beginning of the year, the HUMBL Inc HUMBL Inc (OTCMKTS:HMBL) stock was among the most popular penny stocks in the market and clocked massive gains as more and more investors piled on to it in a big way. However, things have not been as great after HUMBL hit its 52-week high.

Since then, the stock has declined by as much as 85% and on Monday, the downward spiral continued as the stock tanked by 20%. There was no news about the company on Monday but it might be worthwhile for investors to take a look at a major development from last Friday.

Key Things To Note

On May 7, the company announced that it signed a binding term sheet with regards to the acquisition of Monster Creative LLC. It was a significant announcement from the company and must have caught the attention of investors as well.

It should be noted that Monster Creative is involved in producing creating advertising for the entertainment industry and has gone on to become one of the better known operators in that space. The company had been founded by two veterans of the advertising industry, Kevin Childress and Doug Brandt.

As per the terms of the agreement between HUMBL and Monster Creative, the latter is going to operate its Hollywood studios as an independent business. However, the company is going to collaborate with HUMBL when it comes to the creation of multimedia NFTs (non fungible tokens). In recent times, NFTs have become extremely popular in the creative industries and hence, it might prove to be a sound move from HUMBL in the long run.

On the other hand, Monster Creative is also going to help HUMBL with regards the creation of ticketing experiences for a range of events starting from those in sports and gaming to music and fashion. Despite the decline recorded by the stock in recent days, it might still be worthwhile to keep an eye on the HUMBL stock.

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