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jUiCE_Trades
Feb 2, 2021 5:05 AM

DKNG Bullish update PT 75 Long

DraftKings Inc.NASDAQ

Description

Lots of buying coming in for this beast, also Cathie Wood added shares to her portfolio. In depth DD on my previous ideas but some key points

1. Super Bowl (increase sports betting activity)
2. Unveiling of a new sports book platform in Virginia
3. Legalizing mobile betting in different states
4. Cathie Wood loaded shares
5. ER end of month

Option contracts to look at, 50, 53, 55, 60 for 2/19
Comments
andrew900713
thanks for the analysis. what method did you use to set up price target?
jUiCE_Trades
@andrew900713, I use reversed fibs to predict wave targets
Investmentsgr
Nice chart!
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