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 trade ideas
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
$FUBO long$FUBO has a 75% short float meaning a major short squeeze can occur. A clean break over 50 and my price target is 52.50, 55.00, then 57.50. Fubo is also forming a cup and handle and is now sitting within a symmetrical triangle waiting to breakout. Also, a decline in volume confirming bullish consolidation.
needs to pull backStock has been on tear with the WSB short squeeze sympathy but now I think short term it needs to bullack to mid 30's. unless the squeeze comes 😅
Volume is 1/3 of its previous day.
RSI divergence (Weakness)
MFI divergence (Weakness)
Nearest support is Yellow line
FUBODouble inside bar!!!! Poised to break. There is also heavy short interest so it could be wild ride upwards!!!
$FUBO – Green Candle Confirmation$FUBO – Green Candle Confirmation
I see a lot of bulls for $FUBO, so I am charting my plan too. A nice big green candle in this sequence will signal a Bullish Breakaway Candle Pattern and confirm a breakout of the wedge and confirm retracement in sub wave 4(?). Would also be a bounce off key levels - EMA and volume profile.
Also positive technicals and oscillators and consolidating volume. I see why we are bullish... let go!
NYSE:FUBO
BULLISH SYMMETRICAL TRIANGLE! PT: $100! If you are thinking of entering i would advice you to open a position at 3/4 of the triangle. Also look for a decline in volume!
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
$FUBO | Still More Upside$FUBO has a ton of more upside considering both technicals and fundamentals. If you're interested in fundamental analysis, DM me or comment - I trade live and publish my long-term thesis. See my $ROKU post for my style of DD.
$FUBO is in a solid uptrend with high short interest by dumb money shorts. I won't be nice, the market isn't nice. The shorts in this name are quite short-sighted and will continue to feel pain as $FUBO volume increases and uptrend continues. Large money is entering this name (such as David Einhorn) and if you followed my live trades you'd know this was my first callout of 2021 with a price target of at least $50. I am now raising my price target...
Potential Buy The Dip $FUBO PT50I've been looking for a reason to get in on Fubo, and a low volume pull back sounds like a great entry. I'm likley going to start a position tomorrow and add if it decides to go lower. I want to start scaling out my exit as it previous highs are reached and bag holders unload. I'll buy any low volume pullbacks as this occurs.
Most of the high volume buying was done at 36 this month, but I expect 40 to become a new demand zone should it dip lower as this is the 0.382 fib.
My stop loss will be below the historical demand volume shelf of 36. If it gets below here, the market is in tatters.
FUBOFubotv Inc (NYSE:FUBO) is another heavily shorted stock that deserves your attention. fuboTV is now the second-most shorted name in the US, behind only GameStop. More than 67% of the company’s outstanding shares have an active short bet against them. Still on my top list as a short squeeze candidate. You need to watch stock closely next week. The stock needs to break the $43.30 to go higher.
