$FUBO looks like its starting to bottom out at the $20 psychological level. Grabbed a $20 call with time.
Not a bad place to grab some shares either if your bullish IMO
- Strong bullish hammer candle on daily indicating buyers are present at this weekly support.
-Fubo got smacked from $35 before earnings to $20, great risk to reward play.
Swing targets: 21.3,...
Good evening from Croatia,
Let's have a look at some of my favorite stocks which I am keen on. I use this index quite often to find out whether these hyper growth stocks are going to perform well. It looks like a double-bottom pattern is forming into the mid term. We have to find out if this double-bottom will hold the support or break through it. This might look...
Fubo tv seems to have bottomed a bit but today's heavy drop makes this risky.
Ascending triangle seems to be performing. I am adding this to my watchlist but will likely not enter right away. I would like to see how this plays out and maybe will consider entry on a break and re test of the horizantal trend line acting as the current resitance levels.
DYOR.
With all the chatter going on, its tempting to see this stock breaking above the critical levels ($35) in next few days. But before i enter into this stock, i would like it to see a pullback to $30 or below.
IMO, this will give a false breakout and touch $36 and will be sold to bring it down.
Technically we have what looks to be a nice reversal set up for break-out. if Earnings show good signs, it can ladder its way back up to ATH over time.
I'm not holding this stock, and this isn't advice.
This one is for fun.
Good luck to all holders!
Looks like a nice little bull flag break today. Move too big to get in right now, but one to watch for a position with a possible pullback. Risk reward should make sense. Target of $35.70.
My FUBO weekly 29 Strike Options Expired today. I collected $0.63 and stock that I bought at $28.63 was called away at $29.
On Monday Nov 1, I'll buy another weekly covered call and collect the premium. Hopefully the premium will be above 2%.
A place that will interest me will be $25 on Fubo.. It is possible we breakout further but that is a great deal of support and would love to be able to average down at that level.
FUBO and ROKU might be able to run into the holidays . FUBO has tremendous upside possiblity.
Monthly chart patterns are the strongest indicator of where a stock is going. Wicks included for the most part. $FUBO blasted out of a cannon when it went to market via SPAC. A correction ensued. The underlying uptrend (bottom line) remained intact through the correction. So the correction was more a reversion to the mean. The correction formed a downward line of...
fuboTV, Inc. operates as a digital entertainment company. It focuses on offering consumers a live television (TV) streaming platform for sports, news and entertainment through fuboTV. The company was founded by David Gandler, Alberto Horihuela Suarez and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.
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