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Alpha_Trades206
Feb 2, 2021 2:37 AM

DKNG Wave 3 Long

DraftKings Inc.NASDAQ

Description

DKNG saw a big push after-hours after ARK invest bought 620,300 shares of it. DKNG broke out of a minor wave 2 expanding triangle (or WXY correction) and tapped the 0.618. I can only see positive catalyst in the foreseeable future with major revenue generating opportunity like the Superbowl and continuous legalization of sports gambling by states
Comments
thanosfloros
What is this "wave" you are talking about? Elliot waves?
Alpha_Trades206
@thanosfloros, Yes. Elliott Wave Principle is one of a many techniques I use for planning out my trades and assessing where a stock is at
jUiCE_Trades
Dkng to 75 no 🧢
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