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CONative17
Sep 1, 2022 3:17 AM

FUBO about to explode Long

fuboTV Inc.NYSE

Description

A lot of tailwinds into Q3 and Q4. Chart setting up for a cup and handle, into a giant descending wedge. I see ~10.50 in the next month.
Comments
bobbyd1
No reason FUBO don't breach $7.00 before November. No reason at all.
CONative17
Just looking at the daily and weekly myself, I haven't looked at the options after the big run. I do think they might be starting the reversal back to the 20-30 range with NFL and world cup coming up. it may be short lived. they need to post much better EPS in Q3/Q4. obviously no where near profitability but need to burn less
LetsBeMillionaire
i m long but not seeing 10.5, might hit 7. Lots of calls sold for that strike..big OI for strike 7
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