FUBO TV - Possible pump! World Cup 2022 partnership with Fubo. Nice catalyst. Oversold and needs atleast a relief bounce so this news should drive it.
FUBO trade ideas
Highest daily volume ever /Finally we see a reversal in RSI trend line even though I am not sure if this is a valid indicator.
Combined with highest daily volume .
Combined with news regarding football broadcast announcement.
All indicators look to have a higher price next week.
All comments /critique are welcome . I am trying to learn.
FUBOA move on Fubotv Inc (NYSE:FUBO) above $26.2 could spark a nice short-squeeze next week. Looking at the technical daily chart there are several indications I see which suggest a potential bottom formation, including large positive divergences on MACD in daily. If the potential buy signal confirms itself, we will be looking for a move to the resistance area at $33.3-34.72, at the very least. Until that happens, traders will want to be on high-alert to the possibility of a bullish reversal. Long setup on watch.
Fubo potentialLargest buy volume in charts history this past Friday. 600% above average and 25% higher than previous biggest volume. Bounced off of 0.764 fib and 200dma. Looking for a run to next horizontal resistance that coincides with the 0.618 fib (29-29.50). Small pull back before a run to 35. This is major horizontal resistance and would complete the head of a potential inverse head and shoulder. Would expect pullback to 29ish before run back up.
This is all potential- but volume is a great indicator and Fubo has large bullish catalysts coming its way. It can fast and hard.
Imo it has moved down too hard too quick off of fund liquidation and a skewed earnings report that showed eps being worse than what it really was. Looking for a strong rebound.
$fubo Fubo with the largest buy volume in the charts history this past Friday. 25% higher than previous high volume and 600% the average daily volume. Bounce off the 0.764 fib. Next horizontal level of resistance is approx 29-29.50. Also coincides with the 0.618 fib and is a major volume node. That’s target 1 where I would expect small pullback as people take profits and bag holders get out even. 35 would be the next major target which would complete the head of a potential inverse head and shoulders. Pull back to 29-30 would be expected.
Large catalysts ahead for this name with sports betting coming.
FUBO Maybe Targeting Above 32 After Acquiring Streaming RightsWith the latest news that FUBOTV has acquired the exclusive live streaming rights to the Qatar World Cup 2022 Qualifying matches of the South American Football Confederation, CONMEBOL, the stock price may now be ready to touch 32 (and above)
-N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
$Fubo good news and technical situationFubo tv acquires Acquires Exclusive Streaming Rights for South American Qatar World Cup 2022 Qualifying Matches
in plus the chart highling some important information that will lead the price to rise.
The price is bouncing on the border ( see main chart)
the orange area (good for entering at lower prices ) started on MTF pressure indicator ( the center chart )
the positive daily buyers pressure are incresing (chart below)
I'm buying at this price.
$FUBO looking at Elliot Wave $FUBO
Elliot wave action into 3d
0.786 and plus ABC landing in those two red line areas
Looking at new Elliot wave formation, or 3d BIG wave if whole structure is 1 and 2
FUBO Long Fibonacci long tradeThe last earning release on march 02nd looks like an extreme reaction at this level.
FUBO Hype Coming to an End!!FUBO is dealing with a lawsuit lately and their price has been reflecting it lately. If they recover from this fundamentally I think they have great potential as a company. The technicals look good. It looks like we could see a bounce of support tomorrow if volume is high enough. Remember to be careful while picking stocks, Happy Trading!!
20.49 .618 Fibonacci RetracementNot a guarantee - but leads me to believe that is a strong support and potential level of reversal where volume comes in.
$24 call options are on fire today for two weeks out.
FUBO showing strength to hit $30 from $22 200DMA acted as a good support along with the market turnaround. Now looking to have that oversold bounce to $30 If the momentum continues it can hit $35 enroute to $27
$30->$27->35
FUBO 🌦➡️Pattern recognized:
Potential regular flat Elliott Correction Wave
➡️Hypothesis:
Bullish
➡️Inter-market analysis: XLC 👇
➡️Conclusion:
No immediate pattern recognized, keep waiting.
***This does not constitute financial advice.***
If you like what you see why not support us?
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#FUBO #nyse #MARKETSETUPS#FUBO #NYSE coming close to the apex point for me needs a bit of a drop first, for a gain of around 70-100%, just trying to be precise n a bit greedy here, but also don't want to miss the trade so will buy 25%of it when i can n will wait for the price to come in my range for the rest, this way if it doesn't reverse atleast i got something on it. just my view
$FUBO Long Term Swing Idea$FUBO chart has created a head and shoulders pattern on the daily chart and is around the shoulder area currently.
Entry- Around $22.50
Stop- Just below $20.00
Exit- 26.88, 34.81, 43.26
fubo —-> The TV capacitors are chargingFubo was recently brought down by bears and stock is still recovering, but recent increase in volume indicates that bulls are coming back with swordsman , knights archers and siege weapons. Also as per volume bears are fading. the stock is charging now and should be ready for a good up move in next weeks
the best strategy will be a put spread near 22 levels or buying stocks or long leaps will also work
I hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice. Dont forget to like , follow me and check my other ideas
$FUBO potential wave 3 pushPotential wave 3 push. A buy on the 12ema and the 21ema makes sense. Could be a higher probability buy on the 55ema. Keep on watch. Not financial advice. PTs on the chart.
