BradWeber82

DKNG split chart 4hr and Weekly

Long
NASDAQ:DKNG   DraftKings Inc.
Bullish. Let me just lead with that. I've played numerous calls over the last few months. Huge fan of the stock, the chart, and the company.

So of course I am back ready for more calls. $DKNG follows $PENN a lot don't forget that.

Right now I am watching:

jAN 22 $55 WEEKLY CALL
FEB 19 $60 CALL

Most of my target calls I will not even think about until Thursday or Friday.

On the top chart, the 4 hour, top resistance setting it at the $55.19. Bottom support should be around the low $44 area.

The moving averages are packed very tightly - they appear to have flattened out and are trying to turn sideways.

Bottom chart, I went with the weekly, because I wanted to show the volume trend over the life of the stock. Notice the peaks between Sept-Nov an the gradual cool down since then. Would like to see some of that range come back.

$DKNG.

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