As we see here we have an amazing cup and handle setup for FUBO!
I tried making this play as clean and clear as possible so there was no hiccups about the price action involved...
My ideal entry would be a clean confirmed break of ~31 (38.2 fib) for a run back to 40+!
My game plan:
Take 7/30 35c on the confirmed break of 30.99
(I am buying time because I expect it to be choppy in weekly supply)
PT1: 34.14
PT2: 37.73 (entering gap)
PT3: 41.12
I tried making this play as clean and clear as possible so there was no hiccups about the price action involved...
My ideal entry would be a clean confirmed break of ~31 (38.2 fib) for a run back to 40+!
My game plan:
Take 7/30 35c on the confirmed break of 30.99
(I am buying time because I expect it to be choppy in weekly supply)
PT1: 34.14
PT2: 37.73 (entering gap)
PT3: 41.12
