Uping their advertising dollars across the market as a whole at 15 times the normal amount spent in advertising. by iCantw84it 05.19.2021
DKNG weekly looking to range $40-$48 range. I don’t see it going lower than $40 and if so we test $35-$37 before advancing back up. Looking to head back towards $60 in July, mid to end summer advancing back to all time high come fall.
Less than $10 million USD marketcap esports gambling token. If it retraces 2019 ATH we’re looking at powerful upside. Good logo, good name, good ticker. Check it out.
What's next for DKNG? I'll be providing two other posts, please make sure you check those out as well after reading this. There's a lot of juice behind this stock right now. As you can see from the chart, DKNG had a clear breakthrough below the 200 day SMA. This line of support had massive volume (VPVR) at the 51 level, the 200 day SMA line at 51, as well as...
AB=0.5 XA BC=0.38 AB=$0.00112 *more likely* or BC=0.88 AB=$0.00073 short-term targets with (BC=0.38 AB) assuming: tp1=1.6 BC=$0.0019 tp2=2.6 BC=0.88 XA=$0.0025 other possible short-term target: tp3=1.6 XA=$0.0042
DKNG 4HR Chart- DKNG had a nice falling wedge breakout with decent volume and a strong close above 58. With earnings approaching as a catalyst, we could see more upside. Would like to see price form higher lows with this current break of the downtrend. A break and hold above 60.50-61 level and we could see nice rally to February highs of 64.70-65. Keep gambling...
Oversold on every time frame. Likely related to 1.10 financing paper coming online soon but it's only 3M shares and liquidity is not an issue.
In the movie, the big short Charlie Geller and Jamie Shipley took trades with options out of the money with low probability. This is an example of such trade, 100 options contract worth $6000 if SOS will run up again, this trade could make $60,000. If the price will move to $21, this trade could make $120,000 This also shows that options are leveraged, if you...
WINk has been in a descending wedge for a while now, and is ready for a breakout. Buy on breakout confirmation and a second buy on retest. Warning, this is a high risk trade, so take profits along the way up if possible.
Wink on track again after a 4 day correction. Should see a rise again here should it not dump again.
DKNG 1HR CHART... After a strong sell off from reaching ATH, we seen some bullish momentum in the past 2 weeks with a strong close on Thursday. March Madness championship is Monday April 5th, so a potential catalyst to help this momentum continue. Expecting to see some bullish price action early this week and sell the news with sports activity decreasing....
This one has been quiet for a while. Bradley Tusk doesn't hype his SPAC like other founders. He is a results driven person from what I can tell by my own research. I see a descending wedge with bullish divergence on the hourly. I am looking for 11$+ on the upside. If a major target is announced (several rumors of FanDuel, Epic Games, etc.) then it will of course...
PENN is another stock being added to the SP500. short term looks like we can see a pull back. As can be seen the chart is all over the place but its been choppy the past few weeks. Im expecting some short term downside but the longer timelines show bullish sentiment in my opinion. I expect a pull back slightly this week with longer term upside, I would estimate...
$DKNG update wave 3 of 3 target hit, could see a retrace to my .618 which fills that gap at 62, I can see one more push towards mid march once this correction is in, after this month not much sports activity going on but news with gambling (laws, app features, partnerships) can push this. Short target: 60 Long Target: 75+ ($100 stock long term)
Esports Entertainment Group Files NJ Gaming License Application $GMBL today announced it submitted its gaming license application with the New Jersey Division of Gaming Enforcement ("NJDGE"). "This is our first gaming license application in the US, and once approved, we believe we will be the first esports-vertical focused sports book with a state license in the...
Bullish Engulfing candle yesterday with a nice follow-through today. Very close to completing a bullish MACD cross which would confirm the start of new bullish trend.
Dip Buy Scenario this week for FUBO. Watch for momentum to hold this week.
Possible Dip buy on DKNG if momentum can shift right here. Watch for a defined trend this week.