Fubotv
Possible change in trendIt is currently rebounding above the 0.61 retracement of the entire upward movement, which coincides with the floor of the medium-term bearish channel. The daily RSI is oversold. Several parameters that could indicate a downward price depletion and a possible trend reversal in search of the center of the downward channel in the first instance.
Fubo could have a positive reaction to 55 day moving averageI've been hoping that Fubo remains above the 99 days moving average and doesn't get bearish cause I saw Fubo for the first look a bat but today I see a crab!
crab harmonic pattern:
CD=1.6 XA=$6.7
or
CD=2.6 BC=$5
or
CD=3.6 BC=$2
$FUBO - good buying opportunityFUBO baby is consolidating around the 200SMA for a while. Strong support around the $21 and also look at the VOLUME on 4/9!!!
$FUBO RECAP AND BREAKDOWN! SQUEEZE?Quick recap on last weeks trade and where we are at on the daily.$FUBO
Wait Worldcup 2022, looking to upside
FuboTV popped 12.7% Friday after the sports-focused streaming service announced a deal for the exclusive rights to a major set of soccer matches.
Price supported by 200D MA.
Break and closed below recent low @ $20, the bear will continue.
Resistance. $26/$30
FUBO TV - Possible pump! World Cup 2022 partnership with Fubo. Nice catalyst. Oversold and needs atleast a relief bounce so this news should drive it.
FUBOA move on Fubotv Inc (NYSE:FUBO) above $26.2 could spark a nice short-squeeze next week. Looking at the technical daily chart there are several indications I see which suggest a potential bottom formation, including large positive divergences on MACD in daily. If the potential buy signal confirms itself, we will be looking for a move to the resistance area at $33.3-34.72, at the very least. Until that happens, traders will want to be on high-alert to the possibility of a bullish reversal. Long setup on watch.
Fubo potentialLargest buy volume in charts history this past Friday. 600% above average and 25% higher than previous biggest volume. Bounced off of 0.764 fib and 200dma. Looking for a run to next horizontal resistance that coincides with the 0.618 fib (29-29.50). Small pull back before a run to 35. This is major horizontal resistance and would complete the head of a potential inverse head and shoulder. Would expect pullback to 29ish before run back up.
This is all potential- but volume is a great indicator and Fubo has large bullish catalysts coming its way. It can fast and hard.
Imo it has moved down too hard too quick off of fund liquidation and a skewed earnings report that showed eps being worse than what it really was. Looking for a strong rebound.
$fubo Fubo with the largest buy volume in the charts history this past Friday. 25% higher than previous high volume and 600% the average daily volume. Bounce off the 0.764 fib. Next horizontal level of resistance is approx 29-29.50. Also coincides with the 0.618 fib and is a major volume node. That’s target 1 where I would expect small pullback as people take profits and bag holders get out even. 35 would be the next major target which would complete the head of a potential inverse head and shoulders. Pull back to 29-30 would be expected.
Large catalysts ahead for this name with sports betting coming.
$Fubo good news and technical situationFubo tv acquires Acquires Exclusive Streaming Rights for South American Qatar World Cup 2022 Qualifying Matches
in plus the chart highling some important information that will lead the price to rise.
The price is bouncing on the border ( see main chart)
the orange area (good for entering at lower prices ) started on MTF pressure indicator ( the center chart )
the positive daily buyers pressure are incresing (chart below)
I'm buying at this price.
$FUBO looking at Elliot Wave $FUBO
Elliot wave action into 3d
0.786 and plus ABC landing in those two red line areas
Looking at new Elliot wave formation, or 3d BIG wave if whole structure is 1 and 2
FUBO Looking Bullish1. Fundamentally strong company, Currently moving like a penny stock though due to its uncommon news & false rumors.
2. Looks like it’s ready to squeeze out of this channel.
3. Analyst have a bear $35 PT and a $60 PT.
4. Be patient, and don’t let the short sellers scare you.
FUBO Bullish Gartley with Hidden Bullish Divergence Class B on DFUBO Bullish Gartley with Hidden Bullish Divergence Class B on D. Good r/r. NFA. DO your own DD.
FUBO price inside DESCENDING CHANNELFUBO is operating inside the descending channel. I personally prefer LONG position, but it is always better to wait for the channel breakout and then BUY.
ENTRY LEVELS LONG:
$23
$27
$34 after the breakout
BULLISH ON TREND BREAK ABOVE 200EMALooking to long FUBO above the 200ma if it breaks trend. If not, look for bearish movement.
$FUBO Daily$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 .
MAJOR POTENTIAL IN FUBO FUBO CUP AND HANDLE FORMATION COULD BREAK OUT INTO ATH IF IT SEES VOLUME, COULD BE A GOOD PLAY IF WSB GETS THEIR HANDS ON IT DUE TO ITS HIGH SHORT RATIO AND CAUSE A SHORT SQUEEZE LOOKING AT 2-4 WEEKS OUT
we have alrerady found the bottom from this decline..the stock at 30$ price levels seems that have not shares for sell .. the sort sellers are out of "bullets"
30$ is the new support.
