Funko, Inc FNKO

ShortSeller76 Updated 

FNKO dropped hard on earnings miss and guidance, but who hasn't? FWD PE of 7. This should dead cat bounce back to $11 in coming weeks. Purchased 50 in the money Jan 20, 2023 $7.50 calls

RCBInvestments Pro+

26% off 52 week high when markets drops over 30% and most leaders down over 50%. Cup with handle pattern with accumulation signals from alpha bars. Holding pretty good with this bear markets as well. High relative strength. 10 W MA and 40w MA in converging. We could see a very good move to the upside once buyers regain control.

jevanss25 Pro+ Updated 

As per the chart, Gone long on FNKO - Being honest, I think I got in a bit early but we shall see. Successive higher highs and higher lows Emerging from base RSI New highs Tight stop as always

Vibranium_Capital Premium

lets see what happens, watching for longs if we use resistance as support then bounce. but shorting can payout below 20.88

tradingswift

FUNKO Trend: Above 50,100 and 200 EMA Positive ADX, DI above 20 Trend seems to be strong Macro outlook: Speciality retail Funko is a leading pop culture lifestyle brand. They provide connection to pop culture with a product line that includes vinyl figures, action toys, plush, apparel, board games, housewares, NFTs and accessories. Recommendation: Wait for...

cdarbonne3344 Pro

Fnko, maybe missed this one for now.. but looking at the weekly could just be starting a good run.. held up well.

Michael_Canturi Pro

FNKO was coming out of a broken IPO base. It rallied 50% off the lows and continually made higher lows (a constructively pattern for a long position). There was increase volume as the stock started to base out in March- on the left side of the base. As the stock made its way through the base pattern, volume dried up and price volatility contracted, again...

MrSparkles69 Pro

FNKO shares exploded 26% yesterday on the announcement of a 25% acquisition of its shares by former Disney CEO, Bob Iger, and his consortium. Could this be the third wave to the upside ? The wave counting seems legit. Yesterday's gain also broke the $20.85 pivot high formed on 4 March 2022. This will be a very interesting month for FNKO.

MarketMoversReport

FNKO: The Chernin Group 2022-05-05 16:00:00 The Chernin Group-Led Consortium to Acquire $263 Million in Funko, a Leading Pop Culture Lifestyle Brand

beandip11

Price is consolidating inside previous months range. Also within previous weeks rang. Is also sitting on the .618 of monthly high low pivot range. Watching for a break out of weekly consolidation.

cat0000

$fnko did break out of the falling wedge, want to see this green candle intact going into this week's closing. Another thing I am looking to see is volume... Volume is low both on weekly and daily... Which makes me really unsure

cat0000

Hoping to see a clear breakout of this falling wedge on the weekly by end of next week

cat0000

Hope to see continuation and rally from rotation into small caps + nft hype...

cat0000

I think $FNKO may be headed to do what the title says.. I should have sold at resistance but no I did not because of FOMO. That's alright I still have strong conviction that this will rally on rotation into small caps, and that it will rally BIG because of its NFT business.

cat0000

$FNKO.. should be good to rally once IWM picks up... Just a disclosure this is one of my high conviction plays and I got in at a bad entry point... Should have waited...

cat0000

This looks like it might retest the base of the falling wedge... Which I won't like. Want it to break out of the purple soon. RBLX had a similar move after breaking out of a falling wedge. These consolidations are very choppy.

cat0000

I initially posted on $FNKO breaking out of falling wedge (see green lines) but now it seems to be failing. Need this to break out of the purple line soon or we might see this going all the way down to bottom of green falling wedge :( .

cat0000

Seriously seeing this go down 3 days in a row really affects me psychologically man. But I am sticking to my fundamental beliefs and hopeful outlooks for NFT stocks to pop. Got an upgrade today too so it may help with price.