$FUBO run-up pre earnings and breakout
A long idea for 
FUBO managing to breakout of this downward trend before earnings would be a great move as FUBO hopefully competes with ROKU and DIS earnings. I believe we saw a bottom yesterday with the SPY dip and saw a nice reversal at the end of the day rather than a false bounce. With large institutional ownership, if we see momentum building, this will no doubt squeeze some shorts on its way up.
FUBO managing to breakout of this downward trend before earnings would be a great move as FUBO hopefully competes with ROKU and DIS earnings. I believe we saw a bottom yesterday with the SPY dip and saw a nice reversal at the end of the day rather than a false bounce. With large institutional ownership, if we see momentum building, this will no doubt squeeze some shorts on its way up.Note
Curling MACD and a low RSI indicate that the buying has yet to start and we are primed for a run
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.