FansUnite Entertainment Inc. operates as an entertainment company. The Company focuses on technology related to regulated and lawful online sports betting and other related products. FansUnite Entertainment serves customers in Canada. – Bloomberg
DAILY
WEEKLY
Symbol: FANS.v
Market Outlook: Taking a look at FansUnite on the daily and weekly charts, it’s forming a nice bullish pennant on increased volume. Currently trading above the 8ema and 21sma on the daily chart we will watch to see if these support levels hold and squeeze this north out of the consolidation pennant.
Support: $0.75
- Key Support – $0.61 (Daily)
- Short Term Support – $0.71(Daily)
Resistance: $0.84 | $0.865 | $0.90
- Upper BB – $0.845
- Key Resistance – $0.85 (Pennant Break)
Technicals: FANS consolidating very well here, holding bullish indicators such as the 8ema and 21sma on both the daily and weekly charts, volume continues to stay strong in the hyped up sports betting sector
Sentiment: BULLISH
