HUMBL (OTCMKTS:HMBL) Stock Continues to Pick Up Momentum: Is The Rally Real?

This past week the HUMBL Inc (OTCMKTS:HMBL) stock ended up delivering gains of 5% to take its gains over the past two weeks to as much as 90%.

Yesterday, the company took another step in its quest to get into the ticketing business by completing the acquisition of the ticketing platform Tickeri Inc. Tickeri is focussed on a Latin American clientele. The acquisition was completed through both cash and stock and the total transaction was worth $20 million.

By way of this acquisition HUMBL will now be trying to offer a range of services to Latin American customers starting from ticketing to peer to peer remittances and mobile payment solutions. These services are going to be integrated into the Tickeri platform and there are plans that the service might be expanded globally as well. Considering the sort of gains made by the HUMBL stock in recent time it might be a good idea for investors to keep the stock in their watch lists.

Moving Averages

+/- EMA(20)1.34 (+14.93%)
+/- SMA(50)1.92 (-19.79%)
+/- SMA(200)1.38 (+11.59%)

Performances

5-DAY PERF.+4.05%
1-MONTH PERF.+12.82%
3-MONTH PERF.-51.11%
6-MONTH PERF.+83.33%
YTD PERF.+148.71%
1-YEAR PERF.+384900.00%

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