FUBO trade ideas
FUBO falls into a NoGoAfter a strong run, FUBO for the first time paints a "NoGo" color. We can see that the stock has consolidated in a coiling pattern for the last few months but until now was able to continue to paint the blue and aqua of the "Go" trend.
The GoNoGo Oscillator crossed below zero some bars ago which caused more concern for the "Go" trend and this current price action has seen the oscillator be rejected at the zero line.
Fubo creating Higher lows?As we all know Fubo is very volatile. Needs to hold this wedge to see if we're still bullish Short term
$FUBO FUBOTV INC Trendline Must Hold
Despite what was seen as good results the stock failed to break higher and ended up dripping lower before
finding support on the downtrend. This is now a must hold level for the Bulls or the Bears can drive it back down to the $33-$35 region.
Today will test the true resolve of the Bulls.
Happy trading.
Long | FUBONYSE:FUBO
Possible Scenario: LONG
Evidence: Price Action
TP1 ~43.5
This is my idea and could be wrong 100%.
Intraday play, quick cash. few days or today.
FUBO overall directionWe're looking for FUBO to continue bouncing higher along the rising trendline until we breakout around 47s to test 50s and eventually test 60+. Good ER and technical setup for a lower risk add tomorrow morning and on dips, good luck.
BULLISH ON TREND BREAK ABOVE 200EMALooking to long FUBO above the 200ma if it breaks trend. If not, look for bearish movement.
FUBO POST EARNING$FUBO today broke above 39-40 area making its resistance new support. The stock closed at 41.89. Currently in the aftermarket post earning the stock is down (6.66%) currently in the 38 area.
Tomorrow's movement is crucial to the direction of $FUBO. I am not putting to much weight on AH movement. I expect $FUBO to close above 40 tomorrow. With a PT of 52.00
$FUBO | Possible Long Into Earnings $FUBO broke out of a descending channel and has reclaimed the pivot. Watch for upside continuation. Earnings are after close so long with caution. Good luck!
Nothing Special here just buy before it's above $45 againFubo has a potential run to the triple digits sometime this year. I'd suggest buying in as it has a huge force of investors on it's back and with streaming services running the game in the market it would be quite smart to get aboard this stock and watch the percentages increase. Bullish.
FUBO Top Watch For MeFubo TV shares hit support last week, and the MACD indicator just crossed. In addition to that, Fubo is a growing company that has huge potential for the long-term. I am expecting a large upside this month, potentially 50+%. There is a potential downside here, as we are experiencing volatile markets right now, but I think this stock is a clear winner. Good Luck!
Symmetrical Triangle Earnings 3-2 AMCThe Symmetrical Triangle is a contraction pattern and can take months to form.
The sides of the triangle slope equally (symmetrical)
The triangle has lower highs AND higher lows – at least two of each to each trendline, a squeezes in to the apex of the triangle. Price cannot be squeezed forever.
This means volatility in the market is shrinking and a sign the secrity is likely to break the pattern, soon. Just no way to know for sure which way, unfortunately. Retests of the structure are commone after the break.
You can guesstimate where this will go by taking the wide end of the triangle and adding it (either up or down) to the apex of the structure where it decides to break out (or move your line using the magnet)
No recommendation.
$FUBO run-up pre earnings and breakoutA long idea for $FUBO managing to breakout of this downward trend before earnings would be a great move as FUBO hopefully competes with ROKU and DIS earnings. I believe we saw a bottom yesterday with the SPY dip and saw a nice reversal at the end of the day rather than a false bounce. With large institutional ownership, if we see momentum building, this will no doubt squeeze some shorts on its way up.
$FUBO (UPDATE)🚀🧨DImanod Hands needed here. Price is at support and also on our demand zone. TUTES flocking in as if there are the ones having FOMO. Earnings coming up 2nd March. I dont think there's anything else to say. Everything is aligned together, high probability trade.
We'll see how it plays out.
Trade Safe.
Please do your own DD.
$FUBO - repeatable gains while wait on the breakThe bull pennant is undeniable
I am grabbing options with a limit sell under the bid amount.
If it fills through out the day (wait for the trade to come to you) then that's great.
I have had to hold this for a couple of days (unlike others that I buy and sell within the same day) and have booked some good earnings last week.
It is getting closer to earnings so be careful but the possibility of the bull pennant break up is why I like to keep grabbing call options on this one and then taking small wins and booking them.
FUBO setting upHigher lows setting up for breakout on uptrend line support, possible initial position size entry
Potential move of $14 to 57.50
Support around 40.25
$FUBO in a Cup and Handle formation.$FUBO in between targets, formed a bullish cup and handle. Can see another run any day now.
#bullish #FUBO
