Quick Update On FuboTV Inc $FUBO - Some News Came Out For BKFC Now Available To FUBO subscribers! 🤯

all right everybody Stocks by the Numbers welcome back and I didn't really want to milk the fubo train but we had an article hit today that someone just posted in the Discord and I just wanted to review it quickly with you guys but fubo TV fubo again this is a kind of sports streaming service if you guys aren't familiar with it and the stock was recently in this big downtrend came back down to the low $1 and then we had another nice earnings beat and then we found out supposedly that the lawsuit kind of went their way and they basically washed out that uh venue Sports whatever joint venture which was again between uh Warner Brothers Fox and Disney to try to compete and take on fuba but anyway long story short uh I was basically saying the stock could potentially get back I think it was like 205 or something but off that news as you see we actually went up to 218 we had a big drop we reclaimed that two level it's kind of been bouncing around sitting right here after hours a $1.99 so in my opinion you guys know how I feel about fubo Next Level probably going to be right there maybe about 240 and we could potentially be seeing kind of like the triangl here right kind of like that which would bring us to actually maybe Monday before we break up again but um we we kind of know the backstory with fubo but I want to look at stock charts real quick and I'll just uh go right into the article in a second because I just wanted to show here on the weekly we have the RSI still down here in the 60s right so over the longer term time frame we can continue to keep climbing uh today is Thursday yes so tomorrow is going to wrap up the week of this candle and we have to see now with this 50-day moving average 203 if we're able to get back above 203 and close at or above that moving average that may signal that we're on the way up to the mid tws and potentially High twos afterwards right looks like the macd is slowly starting to curl back upward on the weekly so we'll see here on the daily RSI kind of potentially topped out as you see even after a slight down dat today of about 2% RSI still sitting at about 76 however again it was so beaten up when in my opinion it shouldn't have been and everybody as I kind of predicted was just kind of waiting for the outcome of this verdict and now that it seems to went fubo way even though of course they're appealing right because this we're in the we're the country of appeals but we see that the stock jumped up here and um the RSI may not immediately play play into everyone's strategy for fuba right because people may be looking back here of where it was and how they kept beating earnings and now that all of this lawsuit nonsense kind of got swept under the rug now they're they might be looking at it as well the Stock's probably going to go back to three you know three and a half at least so really anytime I buy Here down in the ones or the low twos it should work out nicely so that's why I'm saying in my opinion the RSI may not play a big factor but I did just want to update here we did get above that 70 Benchmark technically and we are still above it so we have to see also here on the daily we have our 200 day moving average at 195 so if we don't break above the 50-day on the weekly that we just looked at if we stay above the 200 day on The Daily that may still signal bullish momentum here but of course course we had the macd cross to the upside on the big spike up on the news and then you know we've been flying high we can potentially start to like top out and curl and flatten out that's why I'm saying it may be potentially quiet for for a couple of days here but overall in my opinion again you all know how I feel about fubo but let's get into why I'm actually making the video and fubo launches bkfc TV fast Channel bkfc TV is the first fast channel from bare knuckle fighting championship uh fubo leading sports streaming platform has launched bkfc TV the first fast which stands for free ad supported streaming TV channel from bare knuckle fighting championship bkfc uh the world's fastest growing Combat Sports promotion this marks the first time bkfc TV is available outside of the bkfc app uh maximizing the explosive popularity of Combat Sports the first of its kind bkfc TV programmed in Partnership by fuba and bkfc showcases bkfc is alltime greatest Flagship events bkfc Prospect series events which is kind of similar to uh Dana White Contender series N bkfc Fight Night events 247 and I have to give uh Feldman yeah David Feldman is the uh founder and CEO of bear knuckle and I have to give him a little bit of credit because you know they found the niche and it's basically essentially boxing but again bare knuckles they they just kind of lightly wrap your hands and you just go in there in two-minute rounds and uh it's much more like fastpaced explosive action as maybe compared to something like uh a UFC fight if there's a lot of grappling a lot of Jiu-Jitsu going on so you know kind of headed down different paths both still Combat Sports but um in my opinion I mean I enjoy it that's just me you know I watch it from time to time I enjoy it I do find it very exciting but I will say it is grow gr rapidly a lot more people every event like every week or so are tuning into more bkfc events and what I wanted to say was Feldman David Feldman seems to be following the same path that Dana White did because Dana White you know they started with the weekly events and then he moved to uh he has the Dana White Contender series now which obviously means any contenders who are trying to get under the promotion of UFC they come together they kind of showcase their skills kills and if Dana White is impressed then obviously he signs them and gives him a UFC contract so you can see bkfc very similar here with the prospect series event and they have the fight night events and then of course they have the pay-per-view events so you know it it seems to be a similar business model and the rate at which it's growing chances are it could potentially become kind of like a mini Powerhouse similar to the UFC which is why I keep saying that a their partnership with fubo is obviously very good news for fubo but also on the flip side there were rumors that Feldman met up with Dana White and they were potentially talking about buying out the bkfc which is why I was kind of hinting that we may potentially if that does happen who knows you may have now the UFC tap into fubo potentially if Feldman spoke highly about fubo and if it helped expand the the amount of eyes on bkfc you understand what I'm saying kind of like one handwashes the other but again you know that's um very forward thinking and I know it's you know being maybe too optimistic but you know we may potentially see some writing on the wall there but let's get back into it with bkfc fubo is doubling down on its bkfc coverage the League's live combat fights currently stream on fubo Sports fubo owned and operated fast Network and consistently rank among the Network's top 10 watch programming quote bkfc fight content took off on our fubo Sports fast Channel and we couldn't wait to bring a dedicated bkfc Network to fubo live TV streaming platform uh quote fans crave high energy Combat Sports and we continue to see that Trend hold true with bkfc fights now fubo subscribers can watch bkfc content around the clock fubo has been a great partner for bkfc said David Feldman quote we have achieved phenomenal viewership on fubo Sports and thought the timing was perfect for us to launch our fast Channel with fubo we look forward to giving the fans Non-Stop KFC action any time of the day any day of the week and also again to be maybe a little bit too optimistic but remember I said in my opinion that because of the growth that we were seeing in fubo the other Broadcasting Network saw that growth as well that's why when the news of that joint venture came out again Warner Brothers Fox and Disney teaming up basically to take on fubo and now with the verdict potentially going there way I don't want to get ahead of ourselves but if I wasn't able to take advantage of this growth in you know Combat Sports and and sports streaming in general but fubo is taking advantage of it we're talking about look at this we're talking about the market cap still after this pop is under a billion and even if we double or triple that we're talking one two 1.8 billion which in my opinion they deserve but that's just me but also more importantly the point is if the these companies in this joint venture file this appeal and then let's just say it also gets denied then we may potentially see one of those companies simply just step in and buy out fubo in my opinion as a businessman that's what I would probably do especially if I was uh Disney because I know they've been taking a lot of hits not only just across like regular programming and the movies they're coming out with but I know people are talking about you know boycotting and canceling their Disney plus prescript uh subscriptions and um if they were wanting to get into the sports streaming space and now they're denied right but fubo is growing like an animal they might just step in and say hey you know what Here's 2 billion Here's 2 and a half here's three billion that's it you know we're going to take you on and bring you under our umbrella and remember a stock is worth what another company is willing to pay for it so if that news does hit it really doesn't matter even if fubo denies the bid because if the value is whatever five $6 dollar a share that's immediately where the stock price is going to go to it should anyway we saw that with uh us steel if you recall but uh let's continue bkfc is home to the world's most exciting fast-paced bar knuckle combat sport athletes tow the Laine in the squared circle with out gloves in two-minute rounds of pure adrenaline pumping action uh bkfc TV is available as part of a fubo subscription packages featuring 400 plus leading sports news and entertainment channels so now you can get bkfc without necessarily using the bkfc app because now you can watch it if you're already a sub for fubo so that news hit it says today kind of midafternoon and uh again someone posted it and I know we just spoke about fubo but again that was a a good little tidbit of information a little little bit of news to come out for fubo which in my opinion should only help them really it's probably not going to hurt them right so I just wanted to uh make a quick video and update you guys but uh yeah that's pretty much it that's all I wanted to talk about with fubo but I figured I'd uh you know just let let you all know about that and that's it I'll end it there so once again this is Stocks by the numbers I want to thank you guys for stopping by if you have any questions comments or concerns drop it down in the comments section I'm usually very quick to reply thumbs up algorithm helps me get more eyes on the channel and of course subscribe to the channel That is our handshake agreement that is how you help me help you but more importantly moving forward like I always say I understand that markets are rocky they're volatile they are very uncertain so I want to wish all of you success I hope everyone makes a couple of dollars thank you for your time have a good day