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RizeSenpai
Jun 16, 2023 10:47 AM

fuboTV: Double Top at the 0.382 Retrace and 200 Day SMA Short

fuboTV Inc.NYSE

Description

fuboTV right now has gapped up and hit a 38.2% Fibonacci Retrace and is now Double Topping and Bearishly Diverging on both the MACD and RSI at this level. As things currently are, I would expect the gap to eventually be filled, but overall, fundamentally looking at their financials, I think the stock goes down to the 1.272 Fibonacci extension, which would take it all the way down to around 6.18 cents.
Comments
tommtajlor
"Gap" was an impulsive movement withough gap in premarket
FlyingDutchman100
yes
stockhunter1979
Boooooo
FlyingDutchman100
ok
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