Market Analysis for Jan 27th, 2021

Jan 27, 2021 - 10:47 AM EST

FUBO - Sharing is caring❤ Pay it forward

Originally, given at $28, went as low as $26. I took some profits at $40 and added more at low $30s as posted in real-time

Now, $50 fulfilled my high end target of $45-50 continuation model

It could keep continuing into new ATHs because...it's an on-trend /train setup so you must know your timeframes!

As discussed, it's not hard to generate alpha in this market as showcased with a 90+% win rate if you have a system in place as many stocks are offering the same/similar setups

https://www.elliottwavetrader.net/trading-room/thread/6685035

https://www.elliottwavetrader.net/trading-room/keyword/fubo/user/11114/post-type/both/start-date//end-date//section//advanced/match-any

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.

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