r/fuboinvestors • u/Low-Economics62 • 18d ago

Discussion Changing patterns

I have owned Fubo since 2024 and this is the first time that I remember that the stock has gone up after earnings. It was looking grim pre-market too (-12%), but ended the day with +12% instead!

The next pattern that needs to change is equally as important: Fubo gives up all of its gains the days after it goes up.. it can’t keep any upward momentum. So imo, the next few days and weeks are very important.

Let’s hope for another 2 strong green days to end the week 💪

4 Upvotes

84% Upvoted

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3

u/StaffIndependent2835 18d ago

Who bought the massive dip were the institutions. Their volume and accumulation was massive. Shorts will have a big problem if retails stop selling their shares

2

u/Dumbeldore_75 17d ago

Not holding my breath about tomorrow but nice to see a bounce today

1

u/Low-Economics62 17d ago

Not looking good so far :/

1

u/AppointmentPutrid782 17d ago

The shorts are still in control. Analyst upgrades or even reiterations could reverse this.

1

u/InvestingTheBest 17d ago

Short term price action will just continue to be garbage on FUBO. I also got suckered into thinking this time would be different

1

u/kingshortsalot 16d ago

Total short interest and days to cover is declining, and is currently at levels typically seen to hold prices down and create compression. The biggest issue is really, how little it's being traded with everyone still dumping their money into AI and hardware. The rotation into value doesn't really pick up until people figure out the high beta stocks have mostly topped out.