Monthly chart patterns are the strongest indicator of where a stock is going. Wicks included for the most part. FUBO blasted out of a cannon when it went to market via SPAC. A correction ensued. The underlying uptrend (bottom line) remained intact through the correction. So the correction was more a reversion to the mean. The correction formed a downward line of resistance which started at Fubo's all time high and was tested multiple times. The October monthly candle is the first to open and close outside of this downward trendline.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.