Investing and entering positions at the right price is always a very tricky game. But when you look into risk vs rewards and the time to start seeing the rewards.. This is the opportunity of a life time.
I love the underdog game and the manipulation of institutions to shake investors. I saw it very well in the beginning of AMD from 3 USD to 15USD and PLUG from 1 to 6USD. I took a break for several years until 2 weeks ago as Fubo is the exact business I want to invest because.
Fubo is at exact same position but in an even better position to start position and trading. There are several patterns that can take place now. First, we notice a run up before Q2 earnings, bears try to hold it. This tells us, every earning we will start see a run-up from now on most likely.
Now the question is when the Q3 run up will start and if it will be consistent growth or a week head of time.. I intend to choose in consistent growth which will start soon.
Why? Because it looks like an obvious pattern that they want it to be completed. If you look on the Q2 jumping pre-earning 18% and like 30% in week head, it broke the steady pattern Fubo intends to do. (Call them God or price manipulators) they want this to go a certain way and if you see with the massive candle jump on earning call it immediately came back to start the right reveres shoulder after completing the head.
I post this because it is potentially in the next week or two going to consolidate and start the last part of this massive 10 month pattern plus a V shape recovery could play along in the run-up to finish the pattern. I started opening a lot of positions and I'm holding them for the long long long long long term
Don't forget the Olympic games coming up next year, they will start showing profits very soon while increasing their revenue at least in 20%-50% in 2024-2025. The market cap now is 600 million..low debt..steady growth yoy. it will go higher 5 or 10 times more as soon as they show little profit. Plenty of shorts are also a big indicator for me for manipulation of institutions to grab very cheap positions. As more shorts will increase I will be more confident this thing going higher at some point. Just need to wait.
We will see how it plays until November
Good luck
I love the underdog game and the manipulation of institutions to shake investors. I saw it very well in the beginning of AMD from 3 USD to 15USD and PLUG from 1 to 6USD. I took a break for several years until 2 weeks ago as Fubo is the exact business I want to invest because.
Fubo is at exact same position but in an even better position to start position and trading. There are several patterns that can take place now. First, we notice a run up before Q2 earnings, bears try to hold it. This tells us, every earning we will start see a run-up from now on most likely.
Now the question is when the Q3 run up will start and if it will be consistent growth or a week head of time.. I intend to choose in consistent growth which will start soon.
Why? Because it looks like an obvious pattern that they want it to be completed. If you look on the Q2 jumping pre-earning 18% and like 30% in week head, it broke the steady pattern Fubo intends to do. (Call them God or price manipulators) they want this to go a certain way and if you see with the massive candle jump on earning call it immediately came back to start the right reveres shoulder after completing the head.
I post this because it is potentially in the next week or two going to consolidate and start the last part of this massive 10 month pattern plus a V shape recovery could play along in the run-up to finish the pattern. I started opening a lot of positions and I'm holding them for the long long long long long term
Don't forget the Olympic games coming up next year, they will start showing profits very soon while increasing their revenue at least in 20%-50% in 2024-2025. The market cap now is 600 million..low debt..steady growth yoy. it will go higher 5 or 10 times more as soon as they show little profit. Plenty of shorts are also a big indicator for me for manipulation of institutions to grab very cheap positions. As more shorts will increase I will be more confident this thing going higher at some point. Just need to wait.
We will see how it plays until November
Good luck