streetgainer

DKNG A Clear Path to $100

Long
streetgainer Updated   
NASDAQ:DKNG   DraftKings Inc.
No debt, yoy PAID subscriber growth. Expanding platform. This will be $100 by Jan 2021
Calls bought
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Those who bought ATM leap calls when I posted this are well rewarded now. I expect those call premiums to be at least $70 in the money by exp.
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We should see the first area of confluence at around $44, don’t get shaken as it will get a healthy rejection.
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The $44 area I spoke has validated...
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Now that our first top has been defined we place a retrace fib to lend some insight as to where it may pull back to and also, where support (programmed buys) may from if necessary. Here it's $36.79 which is the 23.6% fib retrace....
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If you bought leap calls, you are now seeing your premium profits explode to the upside!
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