FUBO trade ideas
BUY $FUBO - 02.15.2021Stockonomy Weekly Pick 02.15.2021
$FUBO Price has been everywhere in the past few months trading on large volumes.
Price seems to have began a new uptrend on high accumulation volumes and lower consolidation volumes.
Price recently pulled back to the 38.2% Fibonacci Level with an oversold StochRSI reading.
Price may dip to 61.8% before continuing upward so watch price action closely.
Make or BreakI believe this will reverse the direction. Would love to see shorts to get burned.
The symmetric triangle is formed.
$FUBO Low Volume Pullback to 21D EMA - Possible EntryI'm already long FUBO, but if you're looking for a technical entry along side the Goldman Sachs position here you go. A amazing low volume pullback to the 21 EMA.
Earnings anticipation will also cause upward pressure over the next few weeks.
$FUBO reversal soon.618 retracement, bottom of channel support, and 20 ema support. Had trouble breaking all 3 of these today, I think we might see a reversal soon!
$FUBOLevels that $FUBO can play out in. Above the median of the pitchfork will make it work it’s upper levels. Levels that hold it will continue to climb up or down.
buy FUBO nowBuy it because it has hit its support LEVEL.
also, our price target by the end of the week is 52
$FUBO forming symmetrical triangleLooks like it's trading within the symmetrical triangle. Waiting for it to go further close to the bottom trendline, which may provide more favorable risk/reward ratio for longs. The company's real strength is its unique combination of live sports streaming and sporting betting. Sports wagering market is estimated to grow from $1B today to roughly $18B in 2025 according to market research.
$FUBO - Would like a test of 20MAI would be in if it bounces of 20MA - Still a little ways to go down.
Fubo. Weekend buying opportunity. Looks like FUBO is ready to break to set new highs. It is weak during weekends and gets ready for the next leg up during the weekdays.
FUBO 4HRentered $60c 3/19 Friday EOD for a superbowl play.. also liking the setup. Saw lot of bullish flow coming in too. Hopefully get a pump Monday and hopefully a massive squeeze??
EDveryOne watches TV right just looks ready for a pumpadding shares or options if if there cheap which i doubt they are. THinking break out here
$FUBO Daily$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 FUBOTV INC Pennant Break
Potential pennant breakout underway pre-market
Stock remains heavily shorted , while also getting strong social media exposure.
Volatile and always a nervy hold.
Fubo Daily IB Daily inside bar $FUBO Watching 50.60 level for long in pre market w volume stop below low of day yesterday, see chart please
