$FUBO forming symmetrical triangle

2021年2月9日

Looks like it's trading within the symmetrical triangle. Waiting for it to go further close to the bottom trendline, which may provide more favorable risk/reward ratio for longs. The company's real strength is its unique combination of live sports streaming and sporting betting. Sports wagering market is estimated to grow from 11B today to roughly 18B in 2025 according to market research.