HUMBL (HMBL) Stock Fails To Cross The Latest Hurdle: a Double Top Formation?

Over the course of the past months, the HUMBL Inc (OTC: HMBL) stock had been one of the biggest gainers from among penny stocks. However, in recent times, it has lost some of its steam.

Last week, the stock had rallied and hit a new high, however, on Monday it declined by as low as 25%. At this point, the stock is facing an important hurdle at the $3.80 level and the support level stands at $2.50. Despite the recent situation, it should be noted that the stock is still sitting on handsome gains in 2021. At the beginning of 2021, the HUMBL stock had been trading at only 60 cents a share.

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Earlier in the month, the company had also made a significant announcement with regards to the BLOCK Exchange Traded Exchange. HUMBL announced on April 1 that the exchange is going to be made available to clients in the United States.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life