Short $FUBO Last Opportunity To Go Long? BEFORE 🚀 🌕Day Trade
1 HR
- Sitting at the 20EMA
- Double Top at the red box.
- Wait for a break of the 20EMA
- Daily Chart RSI overbought.
FUBO
$FUBO #FUBO Above 30 she can go Another ascending triangle , breakout of 30 zone she can run. Can trade the triangle as well. Needs a catalyst maybe by next earnings, does have squeeze strength . Day trade the triangle
FUBO eventual bullrunThe support and resistance here support a nice bull run to the upper 180-200$ zones. I would run a 50-50 position on this until it eventually breaks out months and months from now. Target 120-150-180-200
FUBO trade idea - Bearish retracement to $20Confirmation of bear trend should be a reversal and hold under $25.50.
$FUBO weeklyPlayed a lotto Friday for a small loss. I think we see a move this week to the upside with FUBO at a good support level here.
Check the bullish divergence on the MF indicator....
start a short trend againthis is chart analysis not a signal to trade be careful
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dont forget like
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good luck
FUBO about to go on a runFUBO is primed for a breakout. Nice consolidation, good trendline support. With sports betting coming soon for FUBO this stock is undervalued. First short term PT is $31 and then $34.
$FUBO weekly$30.16 is YTD AVWAP. On watch for this week for a break of the channel.. MACD looking tight
Symmetrical triangle on $FUBO trend reversal.ive been shorting $FUBO and I expect a trend reversal at some point. hopefully this symmetrical triangle does it.
FUBO: Fun Times AheadLooks like we are finishing up the first wave within a larger degree third wave. Very fun times ahead. 70+ by November-December
FUBO - BULLISHFUBO closed the week off above the volume shelf and buying volume this week surpassed the relative selling volume from last week. We are trading within a C&H setup and a Ascending triangle where I believe we will see a retest of the 34ish level before one more pullback towards 27-28 area and then lift off.
I am already long FUBO as I believe it has amazing upside in the future and looking for 53-56 in the short term.
IWM: Breakout or RejectionIf anyone has placed their position in IWM few days ago when I wrote my analysis on IWM, please be careful with tomorrow's small caps market as IWM has reached to the crucial pivotal resistance point, either they could breakout and all small caps stocks will continue to rally OR a strong rejection to downside. Small caps stocks like DKNG, PENN, AMC, CROX, UPWK, NVTA, APPS, M, FUBO will be affected accordingly. Plus, Jerome Powell will be speaking tomorrow at Jackson hole. Be mindful.
FUBO: Double C&H, sitting on support. Looks poised to rip. A break above $35 will bring on $43 very quickly. A break below $26 and it's likely we could see $21. I'm bullish.
TrendyTrades: FUBO reversalLooking prime to push up with a nice hold above fib and Demand. We have a recipe for a push up.
FUBO: Nice earnings report, should retest 28-29 then go to 40+Currently in a Wave 2 pullback. Should bottom in the 28-29 region. This is a 1-2, 1-2 setup, so the next move to 40+ should be strong and violent. Hard to imagine price won't break 40 by the end of August.
FuboTV $FOBO Potential Bull Flag Here in the chart, we see a potential Bull Flag forming on $FOBO. A break out of the flag formation would send it out of its downtrend and towards the targets listed above.
~Target 1 is $35
~Target 2 is $43
~Target 3 is $54
Post IPO Hangover Rebound For FUBO?I did a quick and dirty Fib retracement on FUBO using this year's low and didn't include the whole post IPO exuberance and ensuing hangover. Now even with this as the case, there are several important levels in the short term to watch. 382 Fib is likely one of them as it appears to be presenting a major pivot over the last few months as both support and resistance. With the market trying to recover, this is the first time in weeks that FUBO has established itself above this level and approaching the 286 level. With tech and streaming/esports/igaming picking up steam, it could be an interesting second half of the year.
' There are plenty of other outliers to keep track of right now especially considering the overall trend in tech. Despite being slightly down this week, overall, technology stocks have performed well this year. In fact, tech (based on the XLK ETF) is up over 17% since the beginning of 2021. Based on the growth outlook, some expect the sector to continue flourishing in light of a lower rate environment in the near term. Should that end up as the case, there could be plenty of tech penny stocks to watch heading into the second half of the year. "
Quote Source & Read More: Top Tech Penny Stocks To Watch For August 2021
just matter of timeneed to break that freaking resistance, after that, the way is all clear. wait till the breakout on daily chart
Money is flowing into FUBO ahead of earningsStrong, sharp, bullish MFI divergence. Institutions have been accumulating throughout this consolidation period. Upside targets are $35, $40.
Fubo: Should swing to 30+ before earningsThe setup is looking good for Fubo. The bottom held, as expected. Expect $ to start flowing into small caps from large caps. Will probably dip to 26-26.5 then rip tomorrow. 30+ before earnings and 40+ after.
FUBO to 45FUBO looks primed and ready to hit 45 by September. Cup and handle with the handle bouncing perfectly off the 50% retracement of the cup. Falling wedge handle. Price broke out of the handle and retested. 1st PT is 35 and then once the supply zone (34 - 37.73) is cleared we push towards 45.
Midweek Watch 7/21 - $FUBO LONGIt closed at the 200d and above the 50d. If it clears this level I think it could be testing this 29 or 30 area.
FUBO - trend reversal incoming?-Cup & Handle (daily)
-Inverse Head & Shoulders (daily)
-Demand Zone (daily): 20.62 - 21.62)
Either play at the break of the wedge (handle) or wait until the demand area to enter long.
We are currently below the 50 and 200 SMA which
is a bearish trend. I would like it to get above those levels to enter for a possible target of around 30-35 level.
NYSE:FUBO
