PUMA was once the largest in the athletic industry, but then in the '80s and '90s, it got off track and ventured into the fashion industry. This proved to be their downfall. Nike and Adidas soon overtook them in market share by a long way. PUMA now has a market cap of €14.26 Billion. PUMA though is now gaining market there back that the loss in the '90s. This is...
We are highly encouraged by the early foothold that we have established in this fast growing industry and we are well equipped to continue our expansion across North America. We believe the quarter with successful launches of theScore Bet in Colorado, I’m sorry, we began the quarter with the successful launches of theScore Bet in Colorado and Indiana and we’re...
After a nice rally leading up to the Super Bowl it looks like this beast has settled down, not much sports betting activity besides NBA and March Madness which would be a big one. After that I feel the stock price will see some flat movement and run based on states passing betting laws. Also keep in mind we have ER approaching soon so that will cause a possible...
LULU fell out of a larger symmetrical triangle and has since rebounded from the lows and consolidated in a much smaller symmetrical triangle shown here. Entry over price action and key fibs, fibs and trendline will act as resistance above.
For anyone who remembers the death spiral of March 2020 with $DKNG trading at $10.60 and $PENN trading as low as $3.75 you are either riding the wave or watching in wonder. Even with the impossible runs both have taken off their 2020 lows many debate where this “sports betting” trade will go? Some points of consideration: Size of Market Since the PASPA repeal...
Draft kings UOA flows to 75 2/19. Once DKNG gets over 59 its going places. A OTM naked call 3 weeks out may be the move.
Draft king is a fairly new player on the market through a SPAC merger with Diamond Eagle acquisition corp, and it's an American sport betting operator and it even allows users to make bets on players' performances in all major sports. In the list of investors, we can find names like the legendary Michal Jordan who is acting as a board advisor for the company as...
Looking at past price action, it tends to bounce ~7% after hitting the 34-50EMA cloud. We'll see if this type of analysis proves accurate. That lines up with this fib extension at 149.48, giving us a nice upside target. Entry point is drawn based on recent price action.
Fan favorite has given a few fakeouts but looks like it may be ready. 56.00 trigger is pretty conservative. Note that this can be impacted by news catalysts (gambling legislation, league delays or openings) which can cause volatility.
FUBO - Did We Miss it Premarket? Possible gap fill to 32? Entry = 23 - 28 1st Target = .236@32 2nd target = .382@38 3rd target = .5@42 HODL Target = +53 ______________________________________________________________________________________________________________________ This content is for informational and educational purposes only. This is not in any way,...
DKNG if it can hold above 52.50 I'm looking at 57 short term and an overall move to retest to ATH. Last time we were at 63.91 we took a big hit due to pandemic pressure. Couple catalyst to keep this pushing, Super Bowl, NBA, March Madness, on top of states pushing to allow mobile betting. Wouldn't hurt to add here for a long term hold on option contracts that exp...
DKNG is at a precarious spot right now although it held today. Volume is thin underneath this point and it can drop quick. A rally over the 51.18 level should flip this bullish.
DKNG is a monster, its flagging here, fomo coming soon! key levels to keep in mind. Resistance levels 54.90, 55.62, 58.35 Support levels 49.30, 47
DraftKings looks great. A bullish engulfing on the daily, NBA returns soon, and more partnerships with sports teams. Sports betting has a huge total addressable market once legalized in all 50 states, which I see happening over the next few years. They’re a forever hold for me and I can’t wait to see where they’re at in 5 years. NASDAQ:DKNG
Currently trading between a couple past support lines. Currently riding on a new support after bouncing off the the lighter trend into the top resistance line. Looking for a break above the diagonal weve been trading down since last week for confirmation. Id expect resistance once at the 17.35 area, before a squeeze at the second retest. If we trail below our...
As requested! Video breakdown of $DKNG Follow us, and reshare!