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Fubolong

Daily Halftime Report: FUBO - Long PlayFUBO broke out to $4.99 this morning after announcing an agreement to combine their Online Live TV Businesses, creating a new venture with the merge that would position Disney with 70% Ownership | Fubo with the remaining 30%. This will prompt FuboTV to drop it's legal claims against Disney also. I'm looking for a potential entry at $3.69 after seeing it peak at $4.99, with a price target of $8.14 over time until the merger is completed, with confirmation of close above $3.81 on the stock. MT-Newswire: 08:31 AM EST, 01/06/2025 (MT Newswires) -- Walt Disney (DIS) and streaming provider FuboTV (FUBO) are nearing an agreement to combine their online live TV businesses, Bloomberg reported Monday, citing sources familiar with the discussions. Under the deal, Disney will merge its Hulu + Live TV business into Fubo, creating a new venture that would be 70% owned by Disney and 30% by Fubo, Bloomberg reported. The transaction excludes Hulu's subscription video-on-demand business, which allows users to stream content on-demand for a fee, the report said As part of the deal, Fubo is expected to drop its legal claims against Disney, Fox (FOX), and Warner Bros. Discovery (WBD) over Venu Sports, Bloomberg said. Fubo, which had a market value of about $481 million as of Friday, will remain publicly traded after the deal, which could be announced as soon as this week, according to the report. Representatives for Disney and Fubo didn't immediately respond to MT Newswires' requests for comment. FuboTV shares soared by more than 60% in premarket trading, while Disney was little changed.
NYSE:FUBOLong
by MyMIWallet
FUBO LONG $FUBO is one of these stocks that I always hoped I had as a huge soccer fan in the United States. I have been a subscriber for over a year now and I'm loving it. I was hoping for it to drop to the 22ish region when it was in the 30s so I can load up but didn't have enough cash to do so. I do now and I'll be loading up at these delicious price levels. Another confirmation to taking the long position here is the downward sloping channel which is a bullish signal. Look at the divergence in the RSI too. I will be holding this long-term.
NYSE:FUBOLong
by Sangeeny
2
FUBO: Still calling this the Bottom. Divergences galore. On July 10th I called a bottom on Fubo when price struck $25.54. Since then, we have seen price dip as low as $24.60. However, I am still standing firm that Fubo has bottomed. As you can see there are key divergences in MACD and RSI, indicating that a shift in trend is about to take place. Also, the Russell 2000 is presently sitting on the confluence of a 6-month and 16-month support trend lines, which suggests that small caps as a whole will bounce over the next few weeks. Fubo could reach $80 by October
NYSE:FUBOLong
by TomDaSpankEngine