Friendable Inc (OTCMKTS:FDBL) Stock Sees Value Buying At Lower Level

Mobile technology and marketing firm Friendable Inc (OTCMKTS:FDBL) was one of the notable gainers yesterday after the company made a key announcement with regards to the participation of its Chief Executive Officer on a podcast.

Traders Corner

FDBL stock is trading below the 20-Day and 50-Day Moving averages of $0.0046 and $0.0057 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0123.

Latest Buzz

The news came as a significant positive trigger for the Friendable stock and the stock ended the day with gains of as much as 34% amidst heavy interest. The company announced that Robert A Rositano Jr, its CEO was going to participate in a one on one chat at the Hellblazerbiz Podcast. Nowadays, Podcasts have become a hugely popular source of mass media and can help a company’s CEO in getting his message out far more meaningfully.

The podcast in question is going to deal with the challenges that are faced by independent artists nowadays with regards to earnings, recognition and generating revenues.

The conversation is going to specifically focus on the challenges that those artists have to overcome at a time when the world is still reeling from the effects of the coronavirus pandemic. In this regard, it should be noted that Fan Pass Live has recently made it a lot easier for independent artists to interact with fans and boost their earnings.

Traders Corner

FDBL stock is trading below the 20-Day and 50-Day Moving averages of $0.0046 and $0.0057 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0123.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.