RizeSenpai

fuboTV: Double Top at the 0.382 Retrace and 200 Day SMA

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NYSE:FUBO   fuboTV Inc.
fuboTV right now has gapped up and hit a 38.2% Fibonacci Retrace and is now Double Topping and Bearishly Diverging on both the MACD and RSI at this level. As things currently are, I would expect the gap to eventually be filled, but overall, fundamentally looking at their financials, I think the stock goes down to the 1.272 Fibonacci extension, which would take it all the way down to around 6.18 cents.

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