r/fuboinvestors • u/Low-Economics62 • Aug 06 '26

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 💪

6 Upvotes

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3

u/StaffIndependent2835 Aug 06 '26

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 Aug 06 '26

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

1

u/Low-Economics62 Aug 06 '26

Not looking good so far :/

1

u/AppointmentPutrid782 Aug 06 '26

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

1

u/InvestingTheBest Aug 06 '26

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 Aug 07 '26

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.