I 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.
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...
-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.
Dip Buy Scenario this week for FUBO. Watch for momentum to hold this week.
I would be in if it bounces of 20MA - Still a little ways to go down.
$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 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.
FUBO CUP AND HANDLE FORMATION COULD BREAK OUT INTO ATH IF IT SEES VOLUME, COULD BE A GOOD PLAY IF WSB GETS THEIR HANDS ON IT DUE TO ITS HIGH SHORT RATIO AND CAUSE A SHORT SQUEEZE LOOKING AT 2-4 WEEKS OUT
$FUBO has a ton of more upside considering both technicals and fundamentals. If you're interested in fundamental analysis, DM me or comment - I trade live and publish my long-term thesis. See my $ROKU post for my style of DD. $FUBO is in a solid uptrend with high short interest by dumb money shorts. I won't be nice, the market isn't nice. The shorts in this...
steady rising buy volume and and market sentiment has me looking to get into this one on Monday. Green lines are monthly levels that I am interested in for possible take profit areas $30+ quickly would not surprise me with the Silver hype/squeeze talk coming.
First, I thanks all those who supported me in last week by following me, like my post and writing encouraging comments and transferring TradingView coins. I would like to thanks @abail, my follower who send 4600 coin in just on day because of the gain of one of his/her trade..! The roller coaster week finished dramatically for most of traders, all major indexes...
**THIS IS PURELY OUR OPINION AND WE ARE NOT LIABLE FOR YOUR TRADING DECISIONS** AAPL calls over 140 AAPL forming a cup and handle on the daily, with price now trying to breakthrough. We'll be looking at the 140 level closely and taking profit on the way up. Another way to play this is to wait for a retest of the 140 level. It would be a very bullish signal if...
Here I provide a review on my discrete stocks and option analysis published in the last trading week(19-22 Jan 2021). These are technical analysis I published in the last week separately ( not in the 25 recommended portfolio of the week) January 18th: - EURUSD @ 1.20793 buy - XAUUSD@ 1838.66 buy January 19th: - VISL @ 2.31 gained 9.6% - IZEA @3.91 gained...
Making a different kind of post here as we had a really impressive week especially for a couple of stocks that caught the eye. First starting with Luminar Technologies $LAZR. For some time this stock has been on the radar of investors and traders and there is a reason. Not only promising perspectives for the company but the presence of a symmetrical triangle....