i like this setup! definitely on the watchlist FUBO in consolidation faze/stuck between trend support and resistance.
looking to go long above 8.16, short below 6.23
FUBO trade ideas
Getting ready to flyafter ER, will have big short sqz. highly shorted and crossing 20day MA soon, then 50 and then 100
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.
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.
Fubo LONGThis market crash has hurt many good companies, but it will soon be over! And back to $15 and then going all the way LONG to $30+
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
FUBO: Heading to $5-6Fubo is in the midst of a powerful downtrend. It is already down more than 70% in the last few months, and my count leads me to believe that shares will lose another 50% of value before this sell-off concludes. If you hold a long position currently, you should strongly consider selling.
FUBO Next Level to watchFUBO 8.06 Next Level
Broke support at 13 fib levels indicate 8.06 Coming soon and then it could bottom.
FUBODepending on the overall market conditions, FUBO shall reverse in the upcoming weeks.
We had that double tops, trying to see if it can form a double bottom here as well .-.
FUBO ready to run?Bullish Signs:
At long-term support trendline
At bottom of downtrending regression channel
Fighting between middle-term resistance line from the pumps
Short-term RSI bullish divergence
I could see PT1 for the bulls to be around $22, with PT2 being around $30 where the gap is. PT2 coincides with the top of the downtrending regression channel.
FUBOWrong on the last count, think its at least gonna go to the 100% A=C at $8.3 aka also the possible support zone.
Its a shitty company after all
$FUBO possible bottom - Reversal Play
RSI leaving the oversold zone.
Fibbonacci bottom @ 16.26
MACD curling up with CMF showing good money flow in
Taken position for Santa Rally
Fib pivot points - 18.40 - 24.56 - 30.72 - 34.53
FUBO, if it can break the lineI'm new, so don't bash me too badly if you disagree. Looking to learn. I'm looking long in FUBO if it can break the previous low. Has room to grow.
FUBOFubotv Inc (NYSE:FUBO) May have put in a short term bottom, could see potential a $1-$2 move from here.
FUBO Daily31.80 to 33.90 is resistance in my opinion (as drawn). 24.70 to 31.80 is a consolidating rectangle, indecisive. If FUBO bounces up to 24.70 and breaks 31.80 I believe after that is moon!! Haha. But only if we get out of this bloodbath... we really need to get over 24.70. Thoughts?
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 = $14.02
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
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$fubo #bullish2022 #2022 #bullishThe company's shares are resold, new areas of activity, new regions of the company. Quarterly increase in the company's sales. In 2022, we will all see a recovery in stock prices.
$FUBO consolidating. Price target at $25consolidation occur at $15.50-$17.60 before exploding to the upside.
$FUBO - Watch for calls above 18$FUBO - Watch for calls above 18
- Daily bouncing from demand zone
- Falling wedge breakout & retest
- Daily inside bar
looks good for long if we bounce here !fubo creating a higher low pattern off recent support, showing longs that bulls still hold the control here for now.
With some good news and momentum we could see a big rally in 2022.
price targets if we bounce: 34.91-49.6-62.35
like and follow for more 💘
$FUBO Bounce Off Strong Support $FUBO bounced off of a strong support ~15-16. Seems like a low-risk, high-reward setup with the potential to move quickly toward resistance ~33-34.
Solid fundamentals with 386.89% revenue growth from September 2020 - September 2021 and $393.130 million in cash. Will assess early next week for a potential swing long...
