Even though I wonder if World Cup (football) - American soccer - will help this stock rally, this trade idea is purely technical with low risk. You can see an expanded weekly chart to see how few times price has dipped below $4.00. Notice how long RSI and stochastic have lingered in oversold territory, and on a weekly chart this is unusual.
Based on my options study, and wanting to hold through earnings and World Cup, I bought 19Aug 10 strike calls for $0.31. You can buy stock, or take Jun or Aug calls at a lower strike also and still use little capital.
To start, I want to see a move over 7 and over 20sma. I have a very small position to hold for a high reward low risk trade so I am not setting a stop loss on this position.
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Earnings after close today.
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To clarify, the title implies that qualifying matches over the summer may help bring interest in this stock. Actual World Cup games begin Nov. 21, so depending on what happens over the next few months I may eventually buy calls that expire in Dec. or in early 2023. For now, I plan to keep watch throughout this year for any good technical setups.
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After dipping below 3 yesterday, I am trading this now for a quick swing trade.
The 2022 FIFA World Cup begins on Nov. 21 for the first ever winter edition of the competition set for Qatar. The action runs through the final on Dec. 18, but action begins on Nov. 21. Following the draw on April 1, the complete match schedule is now known, with all that is missing being the playoff winners to officially complete the field. You can watch all of the World Cup live on fuboTV (Try for free). Listen below and follow In Soccer We Trust: A CBS Sports Soccer Podcast
bobbyd1
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"FuboTV must execute on launching a sports betting book. This is easier than the public markets think as Fubo has every required ingredient. Most importantly, competitors such as DraftKings do not have all of the essential ingredients that FuboTV has, and we expect Fubo will see a healthy uptake for this product launch.." From Motley Fool stock advisor:
bobbyd1
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Absolutely....... I'll tell you why fubo has all the ingredients that DraftKings does not DraftKings needs a separate Internet connection In order for its gambling stream to work on dish network.. Fubo has all in one Internet connected streaming application specifically Taylor made for Sports gaming. DraftKings rushed ahead and overlooked the hopper addition needed in order for its gaming stream to even function, Since the dish is not Internet...
bobbyd1
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Buy buy buy... Guys next week football will reach $4.50 with Ease. a lot of smart money are covering the shop positions take a vantage of this buying opportunity you're welcome God bless
bobbyd1
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Many people missed the point on this and say odd DraftKings laid the foundation or blueprint for that My BOOKIE does that no not at all fubo is the aggregator the only streaming Netwerk that will have a full monopoly on placing bets gambling in a relaxed state at the leisure of your couch using your TV with more Netwerk provided spreads and odds to choose from.. The point a larger TV FUBO will have the ability to split into 20 -24 screens.. . I did my own research and do diligence and nothing out there exists that offers what fubo has to offer so for anyone shorting the stock it's only temporarily they will get squeezed out of their positions in 2 weeks.. That's a fact .....
bobbyd1
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PLEASE READ THIS.... THIS ISN'T SPECULATION ITS HARDCORE FACTS: To any technical indicator Trading wizard, or who places projections and forecasts from the TA facet I WANNA explain a larger catalyst-constituent Much more essential than moving averages and volume: it's the sheer sentiment of Globally televised Sports, such as the World Cup which is Directly correlated to FUBO due to the fact that fubo will be the only TV streaming platform I repeat the only TV streaming platform with the most sports channels, and MOST IMPORTANT,the only streaming platform where you could gamble and place bets right from your remote control cable box/ microphone..
bobbyd1
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Fubo shares are shorted and then strategically sold back to gain profit then as price drowns Further due to the massive selling the purchase shares at a lower price and then go long on certain stocks this stock in particular football will be the most lucrative security of 2022.. I'm actually going to frame this post maybe turning into an NFT.. That's how right I am and SMART MONEY KNOWS IM RIGHT FUBO IS GO LONG IF
bobbyd1
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I am a securities industries essential advisor, And even though this is for speculative purposes only I could on the other hand ashore to all the FUBO holders that the World Cup in fall of 2022 will Cause the price of the stock to Hit at least $22 by September
the first ever winter edition of the competition
set for Qatar. The action runs through the final
on Dec. 18, but action begins on Nov. 21.
Following the draw on April 1, the complete
match schedule is now known, with all that is
missing being the playoff winners to officially
complete the field.
You can watch all of the World Cup live
on fuboTV (Try for free).
Listen below and follow In Soccer We Trust: A
CBS Sports Soccer Podcast