A break above $35 will bring on $43 very quickly. A break below $26 and it's likely we could see $21. I'm bullish.
Looking prime to push up with a nice hold above fib and Demand. We have a recipe for a push up.
Currently in a Wave 2 pullback. Should bottom in the 28-29 region. This is a 1-2, 1-2 setup, so the next move to 40+ should be strong and violent. Hard to imagine price won't break 40 by the end of August.
Here in the chart, we see a potential Bull Flag forming on $FOBO. A break out of the flag formation would send it out of its downtrend and towards the targets listed above. ~Target 1 is $35 ~Target 2 is $43 ~Target 3 is $54
I did a quick and dirty Fib retracement on FUBO using this year's low and didn't include the whole post IPO exuberance and ensuing hangover. Now even with this as the case, there are several important levels in the short term to watch. 382 Fib is likely one of them as it appears to be presenting a major pivot over the last few months as both support and...
need to break that freaking resistance, after that, the way is all clear. wait till the breakout on daily chart
Strong, sharp, bullish MFI divergence. Institutions have been accumulating throughout this consolidation period. Upside targets are $35, $40.
The setup is looking good for Fubo. The bottom held, as expected. Expect $ to start flowing into small caps from large caps. Will probably dip to 26-26.5 then rip tomorrow. 30+ before earnings and 40+ after.
FUBO looks primed and ready to hit 45 by September. Cup and handle with the handle bouncing perfectly off the 50% retracement of the cup. Falling wedge handle. Price broke out of the handle and retested. 1st PT is 35 and then once the supply zone (34 - 37.73) is cleared we push towards 45.
It closed at the 200d and above the 50d. If it clears this level I think it could be testing this 29 or 30 area.
-Cup & Handle (daily) -Inverse Head & Shoulders (daily) -Demand Zone (daily): 20.62 - 21.62) Either play at the break of the wedge (handle) or wait until the demand area to enter long. We are currently below the 50 and 200 SMA which is a bearish trend. I would like it to get above those levels to enter for a possible target of around 30-35 level. NYSE:FUBO
On July 10th I called a bottom on Fubo when price struck $25.54. Since then, we have seen price dip as low as $24.60. However, I am still standing firm that Fubo has bottomed. As you can see there are key divergences in MACD and RSI, indicating that a shift in trend is about to take place. Also, the Russell 2000 is presently sitting on the confluence of a 6-month...
I am bullish on FUBO in the next few months seeing a breakout and a solid uptrend from there. Fundamentals are solid and it has the popularity to break out of this triangle on this next test of the resistance, it bounced big today off the double support on a bloody day in the market.
Good evening from Croatia, Let's have a look at some of my favorite stocks which I am keen on. I use this index quite often to find out whether these hyper growth stocks are going to perform well. It looks like a double-bottom pattern is forming into the mid term. We have to find out if this double-bottom will hold the support or break through it. This might look...
It appears that Fubo's second wave bottomed at about $25. There was a strong bounce, so I have reason to believe that may have been the bottom. However, we will need to see more follow through going into next week. A break of $35 will indicate that we are definitely in the heart of the 3rd wave. Price target for this third wave is $70-$90
It looks like Fubo is backtesting the breakout of a 6-month downward trend line. If the backtest occurs next week, it will likely take place right around $28. This also lines up with my wave count on the 15-min chart.
Looks like Fubo is ready begin its wave 5 pullback to 28