TrueTraderOfficial

Sunday Prep 8/08 - $FUBO LONG & SHORT

NYSE:FUBO   fuboTV Inc.
I have to admit this chart is set up pretty nice. Last earnings report it spiked about five points, so that would put us right up into that 31 to 32 area which you see we have an annual and monthly pivot. so if the spike to that level is emotional I may look to fade it. But keep in mind that over 28.50 is actually a pretty nice little long trigger, so it wouldn’t surprise me if the break of that level actually sends this thing ripping. If the stock does look strong, I don’t have a problem looking to buy dips and join trend. If they miss on the numbers and it flushes I would entertain longs down by the psychological 20 level which is also right by the monthly and quarterly pivot at 19.50.



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