Cup and Handle On Fubo!Fubo has been in a falling wedge after finishing its cup. Expecting a short squeeze soon!
FUBO trade ideas
Not a trade idea. Just observationBearish bat pattern so far is playing out. IF it continues to play out could see 30 or 23. Many targeting a short squeeze. Just thought I'd show my observation in case it does play out. Not super strong conviction on this personally and no way this or anything I say is financial advice but especially not this.
FUBO UpdatePossible Symmetrical triangle forming. Scale in near bottom of of the pitch fork and sell at top trendline until breakout. Then, long to 70's +
ABCD \ Lightning pattern long W 618%, 2 Patterns meet $FUTUThanks for looking guys, for $FUBUSee Plan, we have 618% pullback coinciding w ABCD pattern, first arrow is also a take profit in green (supply zone marked in red if you look left) for risk free trade on 2nd lot.
$FUBO (UPDATE)Looks like it is in a very good spot, resting on S/R line and right where we have our (POI). let's see if its going to work out for us.
Have your Sl in place with some cushion for price to move around.
Trade Safe
$FUBOSymmetrical triangle Getting crushed afterhours, thats fine, we like that! play the bounces im looking to go long around $36 huge short float squeeze potential. this will respect the trendlines. Break above and we should touch $62
FUBO TV in next few daysNice triangle, if share will brake 38.40$ should quick raise to 40.88$, with strong support at this level should go up to target price 1 - 45$ and target price 2 - 50$.
But with the worst scenario, will go up to 38.40$ and then down to 32$ level where should find strong support.
It's not financial advice, that's only my point of view. Good Luck!
FUBO - the trade worked - take profits and avoid greedI have linked Monday's trade idea. I believe in technical trading, not gambling, and certainly not greed. Hence I have sold my calls with a fabulous gain. You may choose to hold a bit for more upside, but be honest with yourself (all short squeezes eventually end) and take at least half of your profits!
FUBOThis one is also from Michaelo who had been finding some good ones lately, wants to go places!!!
🛒 🤞
FUBO online!great price action and loving the short float interest > 60%
meaning another push up could take this to new highs
FUBO - RSI over 50, momentum building, 65% short floatThe blue bar on chart was a resistance area and price today opened above it. As long as RSI stays over 50, I am looking for this stock to move higher once short squeeze kicks in. The green line on DMI will start moving higher if this move occurs.
Huge upside potential Potential gain: +75%
Reward/Risk:>4.5
Timeframe: 4-12 weeks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Don't forget to like, comment, and Follow to encourage me to continue this.
You can even send TradingView coins to motivate me publish more ideas..!
Chart looks good, it appears the correction is over.This may go up as beginning to form a W for Winner. I believe there are a lot of shorts out there and we may see a short squeeze soon.
$FUBO in a Cup and Handle formation.$FUBO formed a cup and handle can attempt to break above 40 any day now. Held beautifully above the 50 S.M.A, a run can start here into next week.
Short Term Target Area: 40
Short Term Target Area 2: 51
ABC BullishPossible stop under C or last pivot low..which using these pivot points is C so not much help..
(I had used some pivots on here that were little triangles but can not find them) I liked them because I do not like a lot of stuff on the chart..
This one has been high then possibly found a bottom..lots of volume off and on in last few weeks..
You may want to find a different long entry level than the one I used. It does make a difference on the targets as the AB leg length and fib levels are added to long entry level..
Not a recommendation
Buy Red/Sell Green...
Long entry level is important so you do not have to look at losses everyday. Negative )o:
I am thinking smart money got in this at the bottom like before it broke to the upside between 8 and $10...is usually smart money accumulation phase. Some older stocks could have been accumulated decades ago by smart money. Then there is the general public accumulation phase which is usually after an uptrend has started. Then there is distibution by smart money continually up to and at the top. Many times the general public is still buying while they are selling..be safe
