After a monster run, MGNI has been cooling off since February highs. A bullish move on Friday and a rotation back into small/mid-caps could kick off another impulsive move up. I am looking for a break of this downtrend line and basing over the long and short term fibs over the 40.00 area. Short term resistance will come from the VPOC in red.
FUBO may be finding a double bottom at this major support area, giving an opportunity to scale in longs.
Putting in an Adam and Eve bottom. Looks ready to retest ATH in the coming weeks.
After a sharp correction, looks to have put in a base. Can climb back up with market strength.
Based on the volume profile there's an area of opportunity to get a win if it breaks out of this flag.
Magnite is the largest independent sell-side platform for connected TV advertising. As ad dollars shift from traditional cable to more targetable and flexible formats, companies in this space will continue to grow. MGNI is at an attractive price and seems to have formed a base, working on the right hand of a cup shape. Entry over the marked POC is a conservative...
ROKU has been consolidating and cooling off recently filling most of the gap down left from a few days prior. The falling wedge pattern paired with declining volume is a bullish signal that a move is to come. Fib levels up to ATH above.