FUBO trade ideas
FUBO on watchHad to add this to my watch after noticing so many traders following it and looking for an entry. I am targeting this green zone for a reversal. Although the sell off has been quite harsh its really not surprising given the parabolic move. after the break from the longer term base. Price often falls back to the break out point due to the vacuum created when shorts are finished covering and longs stop buying once they realize they can get a better price. Patient traders know the best entry is back at the break point if they missed the initial run up. I'm hoping for one last flush into 20.50, however I would not be surprised to see some front running with early entries and a gap tomorrow. Let's see what happens.
$FUBO - Nailed the bottom! First Target $32Called bottom yesterday, now we look to fill this first gap. $32 first target.
FUBO found its BottomDivergence on the 15min, looks even better on the 1 min chart. If this goes up we found a base trend line.
FUBOSHORT-TERM: heavily oversold, bounced off a major support with 1hr bullish divergence. Honestly, the target on this one is subjective, I just put it under a gap fill. (Not financial advice)
$FUBO - Taking a starter hereThis has been hammered lately. Not sure if this is bottom, but i'll bite.
FUBO at important levels to start new year After a 500% run since the last “Go” flag mid October, price has come back from the highs near $60. The GoNoGo trend has reflected this with paler aqua bars. Price is now at levels where we saw a clustering of market activity in November and December. We will look to see if this level provides support.
The GoNo Oscillator is currently riding the zero line and this will be key in informing the next direction of price. A rally from the zero line back into positive territory would likely suggest trend continuation. If the zero line is broken, then price could be set to fall further.
look at this history here, plain and simple.you can see the similarities on the candles i circled, this has clearly found a top in my opinion. we should dump even harder here before the next leg up. id be looking to enter in around 15 with a tight stop. but be careful ! ive seen lots of pump and dumpers surrounding this ticker on other websites. good luck :)
FUBO TV Possible re-bounce from the low Bullish reversals at support levels to increase robustness.
Price at previous reaction lows. looking to swing back to $40.
Good entry point on FUBO; finding support on the 21EMAFUBO retraced about 42.35% from the previous swing high and is now finding support on the 21-ema. It touched the 21-ema yesterday and again today. It is now sitting on the .5 fib retracement and finding resistance on the 14-ema. Additionally, the stochastic RSI is starting to curl up, which is a sign of change in momentum.
This doesn't mean it couldn't go lower (I personally don't think it will) but this level is a good first entry point. I entered yesterday and today with an average buy price of $37.72. If it retraces further down I am looking to add to my position around the .618 fib level and the 50-ema.
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
fubo reversal?just an idea of where fubo is going
I also sold a $30PUT exp next month so im also trying to jusitfy my option
$FUBO potential bottomPotential bottom for FUBO at .618 extension and price volume shelf. Momentum indicators are confirming that this might be close to the bottom
FUBO Long Daytrade 28-12-2020Elliot: Fubo is retracing and just had his first A leg of the major ABC down. Now it's time for a B leg with an ABC up before the leg occurs C-wave.
Ficonacci: The Long trade starts at the 50% of the Fib retrace what happen to be a minor support from a previous minor resistace in the uptrend.
Besides that it is gapping down and oversold in various of timeframes.
FUBO - potential oversold play Hourly oversold conditions for the first time in a while can lead to a nice daily bounce on the daily EMA - put your stop losses tight (red box is risk)
$FUBO Short term momentum hit extremely oversold on Thursday, with a very slight positive divergence. Watch out for a cross above the $45 horizontal line to go long targeting the Gap zone at $50. I respect what analysts say but the charts are my guide. I heard a lot of downgrades and short theories regarding $BLNK valuation around $22 levels and take a look at the stock now....same happened with Tesla and Amazon. If you are a chartist like me, this is a pretty simple chart to read. You should be able to just look at it and make a determination as to whether it's a trade or not, given the indicators available. The time will tell us if I was wrong or not. I have no problem admitting I made a wrong call.
Fubo bounce off the 50 fib. maybe goes to $72. same setup as my $fcel chart i posted. im in long from 25 😀. but added more here at 43.96. at the fib retracement . pt $72 at the .27 extension
good luck.
$FUBO quite a move since my last postTo be honest didn't anticipate this kind of move when I posted the support at 20 MA and .618. Quite a move, glad I am in leaps before the push
