FUBO trade ideas
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.
Cup and Handle On Fubo!Fubo has been in a falling wedge after finishing its cup. Expecting a short squeeze soon!
Not a trade idea. Just observationBearish bat pattern so far is playing out. IF it continues to play out could see 30 or 23. Many targeting a short squeeze. Just thought I'd show my observation in case it does play out. Not super strong conviction on this personally and no way this or anything I say is financial advice but especially not this.
FUBO UpdatePossible Symmetrical triangle forming. Scale in near bottom of of the pitch fork and sell at top trendline until breakout. Then, long to 70's +
ABCD \ Lightning pattern long W 618%, 2 Patterns meet $FUTUThanks for looking guys, for $FUBUSee Plan, we have 618% pullback coinciding w ABCD pattern, first arrow is also a take profit in green (supply zone marked in red if you look left) for risk free trade on 2nd lot.
$FUBO (UPDATE)Looks like it is in a very good spot, resting on S/R line and right where we have our (POI). let's see if its going to work out for us.
Have your Sl in place with some cushion for price to move around.
Trade Safe
$FUBOSymmetrical triangle Getting crushed afterhours, thats fine, we like that! play the bounces im looking to go long around $36 huge short float squeeze potential. this will respect the trendlines. Break above and we should touch $62
FUBO TV in next few daysNice triangle, if share will brake 38.40$ should quick raise to 40.88$, with strong support at this level should go up to target price 1 - 45$ and target price 2 - 50$.
But with the worst scenario, will go up to 38.40$ and then down to 32$ level where should find strong support.
It's not financial advice, that's only my point of view. Good Luck!
FUBO - the trade worked - take profits and avoid greedI have linked Monday's trade idea. I believe in technical trading, not gambling, and certainly not greed. Hence I have sold my calls with a fabulous gain. You may choose to hold a bit for more upside, but be honest with yourself (all short squeezes eventually end) and take at least half of your profits!
FUBOThis one is also from Michaelo who had been finding some good ones lately, wants to go places!!!
🛒 🤞
FUBO online!great price action and loving the short float interest > 60%
meaning another push up could take this to new highs
FUBO - RSI over 50, momentum building, 65% short floatThe blue bar on chart was a resistance area and price today opened above it. As long as RSI stays over 50, I am looking for this stock to move higher once short squeeze kicks in. The green line on DMI will start moving higher if this move occurs.
