The Long Investor
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$FUBO
🕑 Added 2025-02-24 12:54:39 +0000 UTC$FUBO is starting to get more attention after signing a partnership with $DIS + HULU and there was a strong bounce at the start of the year from $1.61 to $3 but created quite a large gap that I simply can not ignore as a risk.
However, there has been a nice Wave 4 pull back to the 0.5 Fib at $3.83 and a blue support/resistance line too.
$FUBO report their earnings on Friday, so guidance is key here
A hold above $3.83 and there is a move up to the 200 WMA at $7 to complete Wave 5.
But you must acknowledge the risk here with this 100% gap.
