2/5 Watchlist
$FMAC – $SPAC that is rumored to merge with Discord!
$DKNG – Tons of unusual options activity going on. Already seeing a bullish run right now. It needs to get past 64/ATH and maintain to make a move towards 70. Keep an eye out for further movement, especially with the Super Bowl around the corner. Keep an eye out on PENN as well. They both like to run parallel to each other.
$C – Banking is back on the rise and this could move like WFC (Wells Fargo). Charts are set up very well. Look at JPM and WFC too. Their charts look exactly the same.
$NFLX – News of increasing subscription prices in Japan sent Netflix flying intraday. Look for continuation tomorrow.
$FUBO – fuboTV joins Digital Ad Industry’s Unified ID 2.0 Initiative as Connected TV Partner. We may see FUBO explode tomorrow, especially with the Super Bowl around the corner.
Back Burners $ATVI / $PINS / $FTNT – They all crushed earnings. We are expecting profit taking/dips and then continuation as these companies grow. Good long term holds.