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FUBOTV INCFUBOTV INCFUBOTV INC

FUBOTV INC

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FUBO trade ideas

Watch FUBO - something is going on hereThis post follows the trade idea posted on 30 March. Price is now coming down to a very low risk zone for a long swing position. First, I could be all wrong here and maybe FUBO will not make a substantial move up. That said, price is less than $1 from recent lows so consider the risk to reward. Buy the stock or give yourself time in calls. The daily chart shows a broken downtrend line and a bullish stochastic %K signal. RSI however is still under 50 and it looks like a retest of lows is underway. Now, for the best part - look at that selling on the 30min chart. Learn to recognize algo-controlled price action. Notice the long series of mostly uniform candles, all red. These candles do not show a natural dynamic between buyers and sellers. Someone is playing games with this stock, in my opinion, and I am willing to take a long position for a sizeable price increase (if it happens). The yellow rectangles show what happened the last time RSI moved out of the oversold zone, and I am looking for signs of a similar move this time. The green lines show three price good places to buy stock or calls. If you want a stronger signal to go long, wait for higher close, a reversal candle, or a close over 20ma on the daily chart.
NYSE:FUBOLong
by OptionsRising
2
The beginning of a move? Long stock/call update on FUBOPrice today is trying to break a 30 min downtrend line, not yet confirmed as of this post. Buying volume is up, but not very high. This move follows nicely after the unusual sell off I noted. Stochastic %D is just moving up over 80, which will lead to more buying. If stock does not break over resistance now it will pullback (maybe consolidate) before making another leg up higher. That should break and hold the yellow line if more upside on the daily chart is to come.
NYSE:FUBOLong
by OptionsRising
Cheap call options - Swing and Squeeze UpI am seeing about 27% short interest in FUBO, but I do not trade on this. My technical reasons are sound, and short interest may drive stock higher if it moves up. There is a large sell block today, 22k, at $8.03, which may clear this week for stock to move higher. Call options are very cheap so I suggest taking 14Apr and later expiry. This stock has not gotten attention yet (unlike other meme stocks) but I think it will. Buying here below 8 gives you a very low risk swing trade with a tremendous reward potential. Weekly chart > RSI and stochastic both are exiting from oversold levels and may see buyers in the next few weeks > Ovals highlight previous move up which could repeat, technically speaking > During price rise marked by oval RSI held over 40, so this this time with it coming from below 30 there may be more buying power > Set 8.40 alert - over this could see a sustained move higher Daily chart > Bullish divergence complete (green lines), followed by strong move over the downtrend line > Stochastic %K gave a warning for more upside price action (rectangle), and %D still has to move higher > Looking for RSI to move over 50 and stay, to support more upside > Green arrow marks a bullish 3 candle move that helped 10ema move over 20sma On 30min chart, 20sma is above the 200ma and the cloud. You can draw a support line from the highs on 18 & 23 March.
NYSE:FUBOLong
by OptionsRising
1
Long - After the Big Crash Sec. gov Our Mission Our mission is to build the world’s leading global live TV streaming platform with the greatest breadth of premium content, interactivity and integrated wagering. On December 1, 2021, the Company acquired 100% of Edisn Inc. (“Edisn”), an AI-powered computer vision platform with patent-pending video recognition technologies based in Bangalore, India, for approximately $14.4 million (“Edisn Acquisition”). The consideration paid was cash of $6.1 million and 464,700 shares of the Company’s common stock with a fair value of $8.3 million as of the date of closing. The Company accounted for the Edisn Acquisition as a business combination under the acquisition method of accounting. On February 26, 2021, the Company consummated the acquisition of Vigtory, Inc. , (“Vigtory”) a sports betting and interactive gaming company, as a result of the merger of fuboBet Inc. , a wholly-owned subsidiary of the Company, into Vigtory, whereby Vigtory continued as the surviving corporation (the “Vigtory Acquisition”) and its name was changed to Fubo Gaming Inc. On December 6, 2021, the Company acquired approximately 99% of the equity interests in Molotov S.A. S (“Molotov”), a television streaming platform located in France, for €101.7 million or $115.0 million (“Molotov Acquisition”). The consideration paid in cash totaled €14.4 million or $16.3 million, and the issuance of 5.7 million shares of the Company’s common stock with a fair value of approximately $98.8 million. Molotov is included in the streaming segment and its contribution to revenue and operating loss during the year ended December 31, 2021 was $1.4 million and $8.1 million, respectively. The Molotov Acquisition was accounted for using the acquisition method of accounting in accordance with ASC 805, which requires recognition of assets acquired and liabilities assumed at their respective fair values on the date of acquisition. As of December 31, 2021, the Company has completed a preliminary allocation of the purchase consideration. The Company is gathering information to assess the completeness and accuracy of certain liabilities and related accounts, and therefore the allocation of the purchase price cannot be finalized as of December 31, 2021. The Company expects to finalize the valuation of these assets and liabilities, and consideration transferred, as soon as practicable. Any changes to the preliminary estimates of the fair value of the assets acquired and liabilities assumed will be recorded as adjustments to those assets and liabilities and residual amounts will be allocated to goodwill. The following tables set forth our financial performance by geographical location: Total Assets Total Revenue United States $ 1,207,038 $ 634,045 International 162,740 4,305 Total Revenue $ 1,369,778 638,350
NYSE:FUBOLong
by Susan1979
2
FUBO technical analysisFUBO technical analysis 4hr chart: 52 week H = $57.47 52 week L = $14.64 Price levels 4hr chart: SMA200 = $25.08 SMA150 = $24.01 SMA100 =$23.13 SMA50 =$17.83 Trend channel 4hr chart: breakout = $19.41 R3 = $18.74 R2 = $18.07 R1 = $17.40 pivot = $16.73 S1 = $16.06 S2 = $15.40 S3 = $14.78 breakdown = $14.02 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification www.tradingview.com
NYSE:FUBOLong
by Options360