FUBO ready for a reversal soonAfter a steep decline, with fundamentals being intact we hope to see a reversal here!
This is just an idea, Please do your own research. This is not any form of investment advice or form of financial advice.
FUBO
FUBO Looking Bullish1. Fundamentally strong company, Currently moving like a penny stock though due to its uncommon news & false rumors.
2. Looks like it’s ready to squeeze out of this channel.
3. Analyst have a bear $35 PT and a $60 PT.
4. Be patient, and don’t let the short sellers scare you.
FUBO Bullish Gartley with Hidden Bullish Divergence Class B on DFUBO Bullish Gartley with Hidden Bullish Divergence Class B on D. Good r/r. NFA. DO your own DD.
FUBO breakout soon from ascending triangleThere were so many $FUBO flows coming on flowalgo. These volume bars are crazy. I guess CEO of FUBO is on CNBC today.
FUBO price inside DESCENDING CHANNELFUBO is operating inside the descending channel. I personally prefer LONG position, but it is always better to wait for the channel breakout and then BUY.
ENTRY LEVELS LONG:
$23
$27
$34 after the breakout
FUBO RecoveryFUBO has been hit hard from the pullback recently. I am looking for it to recover very well. It has a great business plan and is hitting old support.
Long | FUBONYSE:FUBO
Possible Scenario: LONG
Evidence: Price Action
TP1 ~43.5
This is my idea and could be wrong 100%.
Intraday play, quick cash. few days or today.
$FUBO getting corrected by cup and handle + falling wedgePls see Cup & handle correction for NYSE:FUBO
The last action appears to be Falling Wedge, the breakout will be the start of the new 1st leg of Elliot wave
$FUBO - Cup/HandleI see a potential cup/handle here.
I would like to see this pullback to the 50% @ 40.30 for entry.
@ Current Price ($43), it's still a good entry considering the R/R so I have a small position. I"ll add more to my full size position if it does pull back to 40.30.
FUBO - Don't chase, patience...Similar to the SNDL chart I posted yesterday, FUBO is cooling off and returning back to a more reasonable buying zone.
Despite Twitter being bullish at current price levels, I believe a more ideal risk/reward long trade is a bit further down.
Technical reasons for the trade:
→ Price has exploded on high volume . This means more eyes are on this stock, with people who missed the first move wanting in on the action
→ Very little volume traded overhead. When this breaks the old highs, it will fly. Extra rocket fuel with the current short float of 39% (!!!) according to finviz
→ Price retracing back into the RLZ. Ideal buy entry at the 0.618 fib level
Good luck!
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FUBO swing idea-Consolidation becoming tighter, sitting above 20 ema.
-Significant short interest.
-Funds starting to buy in recent days.
-If volume increases significantly in the next days, it may start to take off.
$FUBO - Would like a test of 20MAI would be in if it bounces of 20MA - Still a little ways to go down.
$FUBO Daily$FUBO looks on target to test ATH's by the end of March/Beginning of April at this pace. Needs to put in a wave 3-4 before the swing that will complete the length of the pitchfork .
$FUBO long$FUBO has a 75% short float meaning a major short squeeze can occur. A clean break over 50 and my price target is 52.50, 55.00, then 57.50. Fubo is also forming a cup and handle and is now sitting within a symmetrical triangle waiting to breakout. Also, a decline in volume confirming bullish consolidation.
