Wednesday, August 11, 2021

FUBO Fubotv Inc

 

From it's May bottom at $14.64 FUBO more than doubled to $35 before pulling back. This recent correction shows a Fibonacci retracement of about 50%, if this new bull continues the next target is $45 which would be almost a 50% advance. Today's close wasn't great so a minor pullback to fill the gap is possible. All indicators shown are bullish.

FUBO has 8 analysts covering the stock of which 6 have it rated as a "strong buy" with one year target ratings from $28-$60.

After Tuesdays close FuboTV Inc. (FUBO) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $2.82 per share a year ago. These figures are adjusted for non-recurring items. Is this a new trend for future earnings?

AFRM Affirm Holdings Inc Cl A

 

AFRM is looking like it has finally bottomed after a 60%+ fall from recent highs. Once it breaks the resistance at $70, the first stop will be $80 and then possibly new highs. All indicators: RSI, moving averages and DI's are bullish. A total of 9 analysts are following the stop of which 5 have it rated as a "strong buy", one year price targets are between $55-$102. Technically a good risk/reward ratio play.